Table 3. Number of private sector establishments by direction of employment change, annual March to March North Carolina Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 3,482 63,432 47,245 16,187 48,313 35,608 12,705 March 1995 4,793 65,985 48,230 17,755 50,746 37,784 12,962 March 1996 4,191 66,612 48,250 18,362 55,146 40,975 14,171 March 1997 5,645 71,164 51,152 20,012 55,845 41,478 14,367 March 1998 186 68,888 50,300 18,588 62,872 44,470 18,402 March 1999 6,809 75,048 51,831 23,217 61,478 45,070 16,408 March 2000 3,147 74,900 52,818 22,082 65,845 46,910 18,935 March 2001 -582 71,099 50,662 20,437 70,905 49,886 21,019 March 2002 -864 66,065 45,639 20,426 74,653 53,363 21,290 March 2003 4,828 71,689 46,647 25,042 71,510 51,296 20,214 March 2004 2,294 73,830 52,078 21,752 68,571 49,113 19,458 March 2005 1,541 75,626 54,344 21,282 68,624 48,883 19,741 March 2006 3,302 78,753 55,492 23,261 69,574 49,615 19,959 March 2007 11,217 87,185 56,126 31,059 70,340 50,498 19,842 March 2008 1,119 80,226 54,870 25,356 80,742 56,505 24,237 March 2009 -7,118 64,178 42,438 21,740 96,728 67,870 28,858 March 2010 -5,958 65,869 44,838 21,031 85,988 58,999 26,989 March 2011 562 75,210 51,720 23,490 72,431 49,503 22,928 March 2012 2,907 77,363 53,385 23,978 70,073 49,002 21,071 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.