Spending relative to the economy would come closer to historic average, still fall below pre-Great Recession levels in Governor's proposal
General Fund spending as a share of the state's economy by fiscal year, actual (1975-2024) and recommended (2025)
The chart shows 50 years of North Carolina's budget spending as a share of the economy. The Governor's recommended budget for 2023-2024 budget spending totals represents 5.4 percent of the state’s economy while the recommended budget for 2024-2025 represents 5.6 percent of the economy.
