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With an extensive interstate highway system and an abundance of cheap labor, clothing industries move to N.C. where products can be made cheaply and transported quickly.
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N.C. is also the 12th most industrialized state in the country.
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Research Triangle Park opened in order to draw more technology-based jobs and industries to North Carolina, specifically the Raleigh-Durham-Chapel Hill Triangle in the central area of N.C.
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According to the 1970 census, manufacturing industries were the highest employers in N.C. Total population: 5,082,059
Total employment: 2,468,524
Employees in manufacturing industries: 733,409
Employees in transportation and public utilities: 99,784
Employees in retail trade: 304,967
Employees in service industries: 367,048
Government (including military) employees: 404,846
(1970 U.S. Census) -
Manufacturing still leads the state economy in employment. Total population: 5,881,766
Total employment: 3,059,868
Employees in manufacturing industries: 839,636
Employees in transportation and public utilities: 129,689
Employees in retail trade: 431,259
Employees in service industries: 493,398
Government (including military) employees: 525,675
(1980 U.S. Census) -
Manufacturing continues to lead the state economy in employment.
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1990 Census: Total population: 6,628,637
Total employment: 3,928,125
Employees in manufacturing industries: 877,242
Employees in transportation and public utilities: 169,771
Employees in retail trade: 644,161
Employees in service industries: 835,454
Government (including military) employees: 614,772 -
The North American Free Trade Agreement removed trade and investment barriers between the United States, Canada and Mexico. The agreement sought to foster a stronger economic relationship between these countries. In the process, many companies moved jobs to Mexico, where production costs were cheaper, leaving many Americans without jobs--including textile and manufacturing workers in N.C.
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The oldest mill in the South had been in opperation for 178 years, producing yarn.
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The retail industry expands 62% since 1970, while manufacturing only grows 8.7%. Total population: 8,049,313
Total employment: 4,924,918
Employees in manufacturing industries: 804,061
Employees in transportation and public utilities: 212,200
Employees in retail trade: 804,198
Employees in service industries: 1,337,657
Government (including military) employees: 740,400
(2000 U.S. Census) -
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26,209 North Carolinians lose their jobs. Of the factories closed, 100 were in the furniture, textiles or apparel industries.
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Investment shifts away from manufacturing towards tourism and retail to accommodate the growing tourism industry. Visitors bring approximately $12.6 billion to the state annually.
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Charlotte ranks second only to New York City as one of the leading banking centers in the country.
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The Multi-Fiber Arrangement was an old quota on textile imports into the U.S. The removal of this quota left N.C. textile and apparel industries vulnerable to international competition.
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The rate is the 6th highest in the nation.
