North Carolina’s economy is projected to see continued growth in 2025, with a 2.7% increase in real — inflation adjusted — Gross Domestic Product, for the fifth full year of growth since COVID-19. The biggest increases in new jobs are anticipated in information, educational and health services, and construction.

Despite expectations of continued economic growth in the state, other factors bring uncertainty, said UNC Charlotte financial economist John Connaughton, as he presented the North Carolina Economic Forecast 2025 Second Quarter Report at The Dubois Center at UNC Charlotte Center City. The report has been a leading source of economic information for North Carolina for nearly 45 years.

“For four years, we have focused on the Federal Reserve actions and inflation,” Connaughton said.

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