Eastern North Carolina - Economy

Economy

The mainstays of the economy still reside in agriculture and defense sectors for most of the east, however it is changing. On the coast, marine trades (port activities and boat building), retirees, and tourism are the economic drivers. In North Carolina's Eastern Region, several industrial sectors are contributing to growth: aerospace, life sciences, and advanced manufacturing. Aerospace activity is spread throughout the region: Kinston (host of the Global TransPark that has attracted Spirit AeroSystems, Commerce Overseas Corporation, Spatial Integrated Systems, Delta Private Jets, and several logistics firms), Goldsboro (AAR Cargo & Mobility Systems), Havelock (Fleet Readiness Center East - a Navy MRO), Rocky Mount (Honeywell and EATON), and Wilson (Kidde Aerospace). Education (East Carolina University), health care (Vidant Health), and financial services and the major employers in the Greenville Metro Area, but the life science sector (R&D as well as manufacturing) is also a significant employer.

Read more about this topic:  Eastern North Carolina

Famous quotes containing the word economy:

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)