8/3/2019 Agriculture Industry in NC

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Prepared byMike Walden, William Neal Reynolds Proessor and Extension

Economist, College o Agriculture and Lie Sciences,North Carolina State University

600 copies o this public document were printed

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The gures refectvalue-added incomeor 2009.At the arm level, value added

is sales. At the manuacturing,

wholesale, and retail levels,

value added is sales minus

the cost o non-labor inputs.

Value added does not include

the value o non-NorthCarolina produced inputs,

and value added avoids

the multiple counting o a

product used several times in

the production chain.

Fiber Industries

including natural fber based manuacturing,wholesaling, and retailing

Manufacturing ......................................$2.1 billion(including textile mill and apparel products)

Wholesaling ............................................$0.8 billion(including apparel, piece goods, and notions)

Retailing ...................................................$2.6 billion(including apparel and accessory stores)

Total ..........................................................$5.5 billion

Forestry Industries

including arm production and the manuactureo urniture, lumber, wood, and paper products

Farming .....................................................$0.6 billion(including total income rom arm andcommercial orestry)

Manufacturing ......................................$5.0 billion(including urniture and fxtures, lumber andwood products, and paper and allied products)

Total ........................................................... $5.6 billion

Agriculture/Food Industries

including arming, manuacturing, wholesaling,and retailing frms

Farming ..................................................$13.6 billion(including crops, livestock, aquaculture,

ornamentals, and tur)Manufacturing ....................................$20.2 billion(including ood and tobacco productsand agricultural chemicals)

Wholesaling ...........................................$6.3 billion(including ood and tobacco andarm supplies and products)

Retailing .................................................$18.4 billion(including ood stores and restaurants)

Total .........................................................$58.5 billion

NC STATE UNIVERSITY

Agricultureandagribusinessfood, ber, and forestry account for almost one-h of the

states income and employees. More than 17 percent, or $69.6 bil-

lion, of the $398 billion gross state product is contributed by food,

ber, and forestry industries. These industries account for 648,000

of the states 3.8 million employees. The following are the value-

added incomes derived from the states agricultural sector for 2009.

agricultureagribusiness

and

Total Income

Agriculture/Food Industriestotal income .........................................$58.5 billionshare o N.C. income .....................................14.7%

Natural Fiber Industriestotal income ...........................................$5.5 billionshare o N.C. income ....................................... 1.4%

Forestry Industriestotal income ...........................................$5.6 billionshare o N.C. income ....................................... 1.4%

Agriculture: Food, Fiber, and Forestry Industriestotal income .........................................$69.6 billionshare o N.C. income .....................................17.5%

Total N.C. Income for 2009Gross State Product........................$398 billion

Agriculture & Agribusiness Employment

648,000, or 17 percent, o North Carolinas 3.8million total employees work in agriculture.

DFC/KEL6005/11 11-CALS-261

N O R T H C A R O L I N A ' S N U M B E R O N E I N D U S T R Y