Michael Walden, distinguished professor of agriculture and resource economics at N.C. State University, said Trump has proposed a large tax cut, regulation reductions and a major infrastructure program.
“He’s also proposed further energy exploration, so all those things will affect North Carolina just like (they) will the nation,” he said.
But there might be special potential for an increase in offshore energy exploration in the state, Walden said.
“North Carolina has the largest known deposits of oil off of its coast. So if that were accessed, I estimate that could be converted to energy,” he said. “And on a long term basis, that could generate maybe 17,000 jobs and $2 million of income.”
North Carolina is home to many of the nation’s military divisions, said Scott Dorney, executive director of the North Carolina Military Business Center.
“In North Carolina, we have six major military installations, with 10 percent of the Army at Fort Bragg, and the largest marine base in the eastern half of the United States and a lot of other military presence,” Dorney said.
He said the state’s military presence provides business and economics opportunities.
The military supports 578,000 jobs in the state, almost $34 billion in state personal income and $66 billion in state gross product, according to the 2015 report on the economic impact of the military on North Carolina released by the North Carolina Department of Commerce and the North Carolina Military Affairs Commission.