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23 <br /> Table 2. Performance of Key North Carolina Economic Measures. <br /> Measure Annual average, Annual average, 2016 Forecast <br /> 1987-2009 2009-2015 2017 <br /> Growth rate in: <br /> Real GDP 3.3% 1.2% 2.3%1 2.6% <br /> Labor force 1.5% 0.7% 2.2%2 1.8% <br /> Payroll jobs 1.5% 1.8% 2.0%2 2.3% <br /> Real wage rate not available -0.2% 2.4%2 1.5% <br /> Source: U.S Dept. of Commerce; 1 2015 II—2016 II; 2 November 2015 —November 2016 <br /> Figure 1. North Carolina Real GDP Relative to Recession's Trough Value (trough=100).a <br /> 1.5 <br /> 1.4 <br /> 1.3 <br /> 1.2 <br /> 1.1 <br /> 1 <br /> 1 2 3 4 5 6 7 <br /> Year Since Trough (bottom)of Recession <br /> •1990-91 •2001 •2007-09 <br /> Source: U.S. Dept.of Commerce; 'the recovery from the 2001 recession lasted six years <br /> Figure 2.North Carolina's Real GDP to Trough Value Relative to US Real GDP to Trough <br /> Value. <br /> 1.15 <br /> 1.1 <br /> 1.05 <br /> 1 <br /> 0.95 <br /> 0.9 <br /> 1 2 3 4 5 6 7 <br /> Year Since Trough (bottom)of Recession <br /> —1990-91 —2001 —2007-09 <br /> Source: U.S. Dept.of Commerce <br /> 8 <br />