ECONOMY
Cabarrus County's economy has been historically based in traditional manufacturing business. Now Cabarrus County attracts business from around the world. What was once an industrial center is now a diverse economy supporting business from many sectors.
| Permitted New Investment | Projected New Jobs | |||
|---|---|---|---|---|
Business Development Cabarrus Permitting |
2008 |
2007 (Esimtates) |
2008 |
2007
(Esimtates) |
| Jan | $30,486,013 |
$3,879,106 |
61 |
209 |
| Feb | $5,624,134 |
$6,368,439 |
147 |
68 |
| Mar | $1,853,306 |
$16,369,048 |
11 |
126 |
| Apr | $0 |
0 |
||
| May | $66,419,670 |
135 |
||
| Jun | $6,367,732 |
152 |
||
| Jul | $3,980,197 |
16 |
||
| Aug | $1,780,000 |
30 |
||
| Sep | $2,292,597 |
107 |
||
| Oct | $28,457,012 |
402 |
||
| Nov | $0 |
0 |
||
| Dec | $127,142,012 |
710 |
||
| Cabarrus | Rowan | |||
|---|---|---|---|---|
Taxable Sales NC Dept of Revenue |
2007 | 2006 | 2007 | 2006 |
| Jan | $192,607,090 | $221,109,463 | $68,571,369 | $87,736,538 |
| Feb | $164,790,116 | $118,590,561 | $66,707,031 | $59,077,366 |
| Mar | $157,913,074 | $132,180,093 | $68,208,402 | $57,802,009 |
| Apr | $161,006,107 | $144,690,100 | $60,398,708 | $62,484,785 |
| May | $165,870,108 | $162,370,101 | $64,797,488 | $60,956,742 |
| Jun | $151,916,099 | $136,401,646 | $66,509,852 | $50,317,075 |
| Jul | $151,937,119 | $155,218,753 | $66,198,630 | $66,404,696 |
| Aug | $128,901,997 | $161,609,834 | $54,378,161 | $71,110,926 |
| Sep | $164,199,481 | $141,705,648 | $71,082,230 | $59,387,599 |
| Oct | $123,990,078 | $121,017,405 | $57,066,978 | $56,057,284 |
| Nov | $148,329,019 | $159,949,358 | $58,884,315 | $63,790,749 |
| Dec | $138,250,409 | $148,825,758 | $68,653,565 | $57,968,407 |
| Cabarrus | Rowan | |||
|---|---|---|---|---|
Unemployment Rate NC Employment Security |
2008 | 2007 | 2008 | 2007 |
| Jan | 4.9 | 4.4 | 6.3 | 5.3 |
| Feb | 4.8 | 4.1 | 5.6 | 5.1 |
| Mar | 3.9 | 4.6 | ||
| Apr | 4.2 | 7.0 | ||
| May | 4.5 | 7.5 | ||
| Jun | 4.8 | 6.3 | ||
| Jul | 5.2 | 7.7 | ||
| Aug | 4.6 | 6.3 | ||
| Sep | 4.4 | 5.9 | ||
| Oct | 4.4 | 5.9 | ||
| Nov | 4.3 | 6.0 | ||
| Dec | 4.3 | 5.9 | ||
| Cabarrus | Rowan | |||
|---|---|---|---|---|
Vehicle Registration Local Dealer |
2008 | 2007 | 2008 | 2007 |
| Jan | 1105 | 759 | 701 | 510 |
| Feb | 1011 | 596 | 561 | 387 |
| Mar | 996 | 759 | 719 | 459 |
| Apr | 747 | 463 | ||
| May | 823 | 565 | ||
| Jun | 803 | 518 | ||
| Jul | - | - | ||
| Aug | 1,251 | 738 | ||
| Sep | 1,200 | 750 | ||
| Oct | 1,203 | 780 | ||
| Nov | 964 | 583 | ||
| Dec | 928 | 606 | ||
| Cabarrus | Rowan | |||
|---|---|---|---|---|
Housing Permits County Government |
2008 | 2007 | 2008 | 2007 |
| Jan | 107 | 211 | 48 | 47 |
| Feb | 123 | 207 | 38 | 61 |
| Mar | 105 | 207 | 37 | 72 |
| Apr | 121 | 254 | 43 | 55 |
| May | 240 | 59 | ||
| Jun | 177 | 53 | ||
| Jul | 166 | 46 | ||
| Aug | 244 | 63 | ||
| Sep | 113 |
64 | ||
| Oct | 131 | 75 | ||
| Nov | 95 | 58 | ||
| Dec | 106 | 65 | ||
Sources include the following
Business Development - http://cabarruscounty.us/Commerce/divisions/buildinginspectionreports.html
Taxable Sales - http://www.dor.state.nc.us/publications/monthlysales.html
Unemployment Rate - http://eslmi40.esc.state.nc.us/ThematicLAUS/clfasp/CLFaasy.asp
Vehicle Registration - http://www.ncada.com/index.php?option=com_docman&task=cat_view&gid=78
Housing Permits - http://cabarruscounty.us/Commerce/divisions/buildinginspectionreports.html