Gov. Pat McCrory is touting what he calls the "Great Carolina Comeback" as proof the state's Republican-authored economic and tax reforms are working.
McCrory was the keynote speaker Monday at the Annual Economic Forecast Forum hosted by the North Carolina Bankers Association and North Carolina Chamber. The crowd of about 1,000 attending the luncheon gave McCrory a standing ovation as he took the stage.
McCrory cited the 2 percent drop in the state's unemployment rate since he took office last January as evidence of the success of his administration's agenda.
That 7.4 percent rate is still well higher than the national average. The state's labor force has actually declined over the past year.
Among the problems McCrory said was holding the state back is government spending on Medicaid.
Copyright 2014 The Associated Press. All rights reserved.
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