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2021 Total Real GSP Growth 5.1% <br /> 1.2 Agriculture 9.2 2021 GSP SECTOR 14 <br /> 0.1 Mining -2.5 ANALY S I S <br /> 3.8 TWU 3.1 <br /> 3.4 Construction 3.6 <br /> The chart to the left presents the projected contributions of each major <br /> 8.2 Durables 6.0 economic sector to North Carolina's Gross State Product(GSP). The real <br /> (inflation-adjusted) growth rate for 2021 is forecast to increase by 5.1 <br /> percent. Projected real growth rates for each sector (displayed in black <br /> type) are plotted on the horizontal axis. Projected percentages of GSP <br /> a 9.6 Nondurables 4.7 contributed by each sector (displayed in green type) are plotted on the <br /> vertical axis. The resulting rectangles show the expected weighted <br /> LJ importance of each sector's growth during 2021. All of the sector <br /> 6.0 Wholesale Trade 5.6 information presented in the table to the left is based on the new North <br /> a American Industry Classification System(NAICS)definitions. <br /> 5.9 Retail Trade 6.7 <br /> Fourteen of the state's 15 economic sectors are expected to experience <br /> 4.5 Information 5.9 output increases during 2021. The sectors with the strongest expected <br /> o growth rates are hospitality and leisure services with a real increase of <br /> 15.2 percent, agriculture with a real growth rate of 9.2 percent, <br /> P educational and health services with a real increase of 7.2 percent, retail <br /> � <br /> 18.5 FIRE 4.2 trade with real increases of 6.7 percent, durable goods manufacturing <br /> 960 with a real increase of 6.0 percent, information with a real increase of 5.9 <br /> percent, wholesale trade with a real increase of 5.6 percent, and other <br /> services with a real increase of 5.1 percent. <br /> 13.4 B&P Services 4.8 <br /> Six other sectors are expected to experience growth rates, however, at <br /> levels below the overall 5.1 percent GSP real growth rate. These sectors <br /> 8.2 E&H Services 7.2 are business and professional services with a real increase of 4.8 percent; <br /> H&L Services 15.2 nondurable goods manufacturing with a real increase of 4.7 percent; <br /> 2.9 finance, insurance, and real estate (FIRE) with a real increase of 4.2 <br /> 1.8 percent; construction with a real increase of 3.6 percent; transportation, <br /> Other Services 5.1 warehousing, and utilities(TWU)with a real increase of 3.1 percent; and <br /> 12.7 government with a real increase of 2.5 percent. <br /> Government 2.5 <br /> Only the mining sector is expected to experience a decline during 2021. <br /> Percent of Real Sector Growth <br />