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AG 2011 12 19
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AG 2011 12 19
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Last modified
1/9/2012 2:43:55 PM
Creation date
11/27/2017 11:20:47 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
12/19/2011
Board
Board of Commissioners
Meeting Type
Regular
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Draft 1.1— For Discussion Only, Not for Citation <br />NAICS has several important omissions. The first is self - employed individuals. The <br />most recent such data from Cabarrus County, in 2009, find that 11,553 people have their <br />own businesses, most of them home based, and earn $376 million per year. These are <br />presented in Chart 4. <br />A further omission from NAICS is farmers. The USDA's Agricultural Census of 2007 <br />gives data at the county level, and shows that Cabarrus County has 611 farms with <br />66,780 acres. The average farm size is 109 acres. Agricultural production in the county <br />is dominated by animal productions: poultry and eggs ($37 million in sales per year), <br />cattle and calves ($25 million), other animals ($15 million). Another $11 million of <br />crops are grown each year, primarily grains, dry beans, and oilseeds. <br />The IMPLAN Input- Output model attempts unify various federal databases and fill in the <br />gaps self - employees, farmers, and government workers. Chart 5 summarizes its estimate <br />from 2009. At that point, the economy had a workforce of about 87,700 paying $3 <br />billion in wages. The annual domestic product of the county (value- added) was about <br />$18 billion. Businesses were paying about $1 billion in taxes. <br />7 <br />Attachment number 1 <br />1 -4 Page 309 <br />
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