North Carolina Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office (Up an Impressive 33% Per Year) Than They Did During Trump/Pence's First Three Years in Office (Up 6% Per Year).

From a review of SEC filings and Google Finance, there were 26 North Carolina Companies with stock market caps recently of above $1 bil and which reported Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent twelve years (Fiscal Years from 2008 to 2019).  I included Companies which were headquartered in North Carolina for the majority of these twelve years.  And I excluded one Company which had a separation and thus its earnings numbers were not comparable among years.    

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 26 North Carolina Companies for fiscal year end 2019, the last year of the Donald Trump/Mike Pence's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Donald Trump/Mike Pence Administration as well as also the last year of the Barack Obama/Joe Biden Administration, and for fiscal year end 2008, the year before the start of the Barack Obama/Joe Biden Administration.

							Average	Average
			Annual	Audited	Audited	Audited	Annual	Annual
			Audited	Pretax	Pretax	Pretax	% Change	% Change
			Fincl	Income	Income	Income	During	During
			Sts	(Loss)	(Loss)	(Loss)	Trump-	Obama-
	North Carolina		2019	FYE	FYE	FYE	Pence	Biden
North Carolina Companies	City	State	FYE	2019	2016	2008	3 Years	8 Years
Stock Market Caps Above $1 Bil	HQs	HQs		$ mils	$ mils	$ mils	2017-19	2009-16
Bank of America	Charlotte	NC	Dec 19	32,754	25,021	4,428	10%	58%
Lowes	Mooresville	NC	Jan 20	5,623	5,201	3,506	3%	6%
Truist / BB&T Corp	Winston-Salem / Charlotte	NC	Dec 19	4,019	3,500	2,079	5%	9%
Duke Energy	Charlotte	NC	Dec 19	4,097	3,734	1,891	3%	12%
Nucor Corp	Charlotte	NC	Dec 19	1,783	1,299	3,104	12%	-7%
Trane Texhnologies plc (was Ingersoll Rand)	Davidson	NC	Dec 19	1,742	1,741	(2,701)	0%	NM
Laboratory Corp of America	Burlington	NC	Dec 19	1,105	1,106	786	0%	5%
Old Dominion Freight Line	Thomasville	NC	Dec 19	824	478	113	24%	40%
Martin Marietta Materials	Raleigh	NC	Dec 19	748	607	247	8%	18%
V F Corp	Greensboro, NC / Greenwood Village, CO	NC	Mar 20	727	1,285	848	-14%	6%
Hanesbrands	Winston-Salem	NC	Dec 19	680	571	163	6%	31%
Advance Auto Parts	Raleigh	NC	Dec 19	638	739	381	-5%	12%
First Citizens Bancshares	Raleigh	NC	Dec 19	592	351	140	23%	19%
Albemarle	Charlotte	NC	Dec 19	563	575	183	-1%	27%
Curtiss-Wright	Davidson	NC	Dec 19	396	268	169	16%	7%
Qorvo	Greensboro	NC	Mar 20	395	27	(880)	454%	NM
Sealed Air	Charlotte	NC	Dec 19	370	388	222	-2%	9%
Sonic Automotive	Charlotte	NC	Dec 19	200	155	(756)	10%	NM
Extended Stay America	Charlotte	NC	Dec 19	194	198	(890)	-1%	NM
Ingersoll-Rand (was Gardner Denver Holdings)	Davidson, NC / Milwaukee, WI	NC	Dec 19	191	(63)	235	NM	-16%
Highwoods Properties	Raleigh	NC	Dec 19	142	123	39	5%	27%
Coca-Cola Bottling	Charlotte	NC	Dec 19	34	93	20	-21%	46%
LendingTree	Charlotte	NC	Dec 19	31	52	(216)	-13%	NM
Cree Inc	Durham	NC	Jun 19	(45)	(24)	41	NM	-20%
Enpro Industries	Charlotte	NC	Dec 19	4	(69)	50	NM	-30%
CommScope Holdings	Hickory	NC	Dec 19	(1,074)	273	(236)	-164%	NM
Total all 26 North Carolina Cos				56,733	47,629	12,966	6%	33%