News: Quick Takes

Census Bureau: N.C. ranked 4th nationally in 2016 wage growth

A new report from the U.S. Census Bureau found in 2016, North Carolina had the fourth-fastest wage growth in the nation.

The Tar Heel State trailed only Idaho (6.3 percent), Massachusetts (5.8 percent), Oklahoma (5.1 percent), and Wyoming (4.7 percent) in median household-income growth.

With a growth rate of 8.6 percent, the Charlotte-Concord-Gastonia metropolitan area also scored the fastest household-income growth among the nation’s 25 largest metro sectors.

House Speaker Tim Moore, R-Cleveland, touted the results in a press release.

“North Carolina is leading the nation into a new economic era thanks to pro-growth policies,” Moore said.

“North Carolina is attracting investment in core markets like agriculture, small businesses, and energy, as well as emerging sectors like technology, cutting-edge manufacturing and financial services,” Moore added.

The Census Bureau report is here.