Bachelor's Degree or Higher for North Carolina
GCT1502NC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.80
Year-over-Year Change
36.80%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher for North Carolina' series tracks the percentage of the adult population in North Carolina that has attained a bachelor's degree or higher level of educational attainment. This metric is a key indicator of human capital and workforce development in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series, published by the U.S. Census Bureau, provides detailed insights into the educational achievement of North Carolina's adult residents. It is widely used by policymakers, economists, and researchers to assess the state's talent pool, inform workforce planning, and identify areas for investment in higher education.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey, a comprehensive household survey conducted annually.
Historical Context
Trends in bachelor's degree attainment are closely watched by state and local governments, as well as businesses, to understand the skills and knowledge available in the labor force.
Key Facts
- North Carolina's bachelor's degree attainment rate was 30.1% in 2020.
- The state's bachelor's degree attainment lags the national average of 32.1%.
- Educational attainment varies significantly by region within North Carolina.
FAQs
Q: What does this economic trend measure?
A: The 'Bachelor's Degree or Higher for North Carolina' series tracks the percentage of adults in the state who have attained a bachelor's degree or higher level of education.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the state's human capital and workforce development, which is critical for economic growth, business investment, and policy planning.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey, a comprehensive household survey conducted annually.
Q: How is this trend used in economic policy?
A: Trends in bachelor's degree attainment are closely monitored by state and local governments, as well as businesses, to understand the skills and knowledge available in the labor force and inform workforce development strategies.
Q: Are there update delays or limitations?
A: The data is published annually, with a slight delay to allow for survey collection and processing.
Related Trends
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Chain-Type Quantity Index for Real GDP: Petroleum and Coal Products Manufacturing (324) in North Carolina
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All Employees: Non-Durable Goods: Textile Mills in North Carolina
SMU37000003231300001A
All Employees: Government: Local Government in North Carolina
SMS37000009093000001
All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in North Carolina
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Citation
U.S. Census Bureau, Bachelor's Degree or Higher for North Carolina (GCT1502NC), retrieved from FRED.