Governor's proposal would halt yearslong decline in state spending relative to the economy, still fall below historic average

General Fund spending as share of the state's economy by fiscal year, actual (1976-2025) and proposed (2026-2027)

The chart shows 50 years of North Carolina's budget spending as a share of the economy. The Governor's recommended budget for 2025-2026 budget spending totals represents 4.52 percent of the state’s economy while the recommended budget for 2025-2027 represents 4.45 percent of the economy.