Answer:
look at Explanation
Explanation:
North Carolina’s biotech industry is quickly expanding.
Within the state, there are more than 600 life science companies employing 61,000 people at an average salary exceeding $81,000 a year – which is nearly twice the state’s overall private sector wage, according to the North Carolina Biotechnology Center.
In total, life science companies and institutions in North Carolina generate $73 billion in economic activity, which is an increase of 23 percent in two years, and account for 228,259 direct and indirect jobs, says North Carolina Biotechnology Center.
Furthermore, while employment in the nation’s life science industry rose by 7.4 percent from 2001 to 2012, North Carolina’s grew at a surprising 31 percent, even with setbacks from the Great Recession of 2008.
Following closely behind California, North Carolina outpaced life science industry growth in other states, including Texas, New York, Massachusetts and Florida, between 2009-2012, according to the U.S. Bureau of Labor Statistics. In the chart below, North Carolina's life science industry grew 5.2% from 2009 to 2012. While California's life sciences industry increased even more at 5.5% during the same time period, other states such as Pennsylvania and New Jersey actually saw their life sciences sectors shrink by 7% and 7.3%, respectively.
