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19 <br /> Figure 7. Job Growth Rates (% Change)in North Carolina Regions, 2010-2017. <br /> CharOotte 1IIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUIIUII <br /> R a O e u g h 101111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111110111111111011111111101111111 <br /> VV u 0 rn u n gt o nIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br /> deshevu0Oe IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br /> Durham <br /> State <br /> Bur u n gt o nIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br /> VV onstan Sa 0 101110MOMMOMMOMMOMMMO <br /> Greensboro 10110MMOMMOMMOMMOMM <br /> H ckory 10110UOMOMOMOMOMOMOMOMOMOMOMOMMIN <br /> Creenvu0Oe 1000MOMMUMMUMMUMEME <br /> Rura0 NC 1000MOMMUMMUMMUMI <br /> New Bern 10110MERMOMOMOMINIE <br /> lacks,onvo0OeI11II II <br /> Fayettevu0On 1MMI <br /> G. Fie 1 <br /> IIIIIIII or, » °opoi <br /> 1 » 0 5» 1 1 2.0 25 <br /> Source: U.S. Bureau of Labor Statistics, based nonfarm employment from February 2010(low point of job market) <br /> to May 2017 (latest available data) using seasonally-adjusted data. Rural NC includes counties outside the listed <br /> metropolitan areas. <br /> and the on-going downsizing of nondurable manufacturing in small town and rural regions; the <br /> popularity of large metropolitan areas to highly-educated millennial generation individuals <br /> combined with the movement of college-bound youths out of small-town and rural areas; and the <br /> gains from international trade to the economic sectors of large metropolitan areas contrasted with <br /> the losses from international trade to the economic sectors of small town and rural areas. <br /> Forecasts <br /> The NCSU Index of North Carolina Leading Economic Indicators (Figure 8) has <br /> followed a modest upward trend since late 2015, suggesting gradual improvement in economic <br /> growth for the rest of 2017. Figure 9 shows recent real GDP growth in North Carolina has <br /> closely tracked the national GDP growth rate. As previously discussed, North Carolina's faster- <br /> than-the-nation labor force growth is being countered by its slower-than-the-nation productivity <br /> improvements. Therefore, a reasonable forecast for real GDP growth in North Carolina in the <br /> near term is real GDP growth in the nation. <br /> 8 <br />