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2021 Total Real GSP Growth 4.5% <br /> 1.4 Agriculture 21.7 2021 GSP SECTOR ANALYSIS 15 <br /> 0.1 Mining 2.4 <br /> 8 TWU 3.3 The chart to the left presents the projected contributions of each major <br /> 3. <br /> 3. Construction 3. economic sector to North Carolina's Gross State Product(GSP). The real <br /> (inflation-adjusted) growth rate for 2021 is forecast to increase by 4.5 <br /> 7.8 Durables 2.7 percent. Projected real growth rates for each sector (displayed in black <br /> type) are plotted on the horizontal axis. Projected percentages of GSP <br /> contributed by each sector (displayed in green type) are plotted on the <br /> vertical axis. The resulting rectangles show the expected weighted <br /> 9.5 Nondurables 3.2 importance of each sector's growth during 2021. All of the sector <br /> a information presented in the table to the left is based on the new North <br /> V1 <br /> V' American Industry Classification System(NAICS)definitions. <br /> 6.0 Wholesale Trade 4.8 <br /> All fifteen of the state's economic sectors are expected to experience <br /> 5.7 Retail Trade 4.7 output increases during 2021. The sectors with the strongest expected <br /> c growth rates are agriculture with a real growth rate of 21.7 percent, <br /> Information 6.0 hospitality and leisure services with a real increase of 7.3 percent, <br /> c educational and health services with a real increase of 6.8 percent, <br /> information with a real increase of 6.0 percent, other services with a real <br /> increase of 5.6 percent, wholesale trade with a real increase of 4.8 <br /> 18.4 FIRE 3.1 percent, retail trade with real increases of 4.7 percent, and business and <br /> a professional services with a real increase of 4.6 percent. <br /> Seven other sectors are expected to experience growth rates, however, at <br /> 13.6 B&P Services 4.6 levels below the overall 4.5 percent GSP real growth rate. These sectors <br /> are government with a real increase of 4.3 percent; construction with a <br /> real increase of 3.6 percent; transportation, warehousing, and utilities <br /> (TWU) with a real increase of 3.3 percent; nondurable goods <br /> g.1 E&H Services 6. manufacturing with a real increase of 3.2 percent; finance, insurance, and <br /> H&L Services 7.3 real estate (FIRE) with a real increase of 3.1 percent; durable goods <br /> 2. manufacturing with a real increase of 2.7 percent; and mining with an <br /> 1.8 <br /> Other Services 5.6 annual real increase of 2.4 percent. <br /> 13.3 <br /> Government 4.3 <br /> Percent of Real Sector Growth <br />