Regional Strength and Recognition:
- North Carolina named 2022 State of the Year by Business Facilities magazine.
- CEO of the Economic Development Partnership of North Carolina (EDPNC) highlights $111.8 billion in capital investment and 100,112 possible jobs in the pipeline.
Fast-Growing Cities:
- Raleigh and Durham ranked 4th among the nation’s Fastest-Growing Cities for 2022 and 2023.
- RTP cited as a biotech powerhouse with over $1 billion worth of lab construction in progress.
U-Haul Growth Index:
- North Carolina ranked 4th Top Growth State of 2022, with Raleigh-Durham leading the growth market.
Hottest Areas for Growth in 2023:
- Research Triangle Park (RTP) anticipated to experience significant growth, necessitating infrastructure planning.
- Carolina Core’s megasites in Randolph, Lee, and Chatham counties expected to see dramatic growth, especially in warehouse space and residential land development.
- Triangle’s restaurant industry, including cities like Cary, Garner, Apex, and Fuquay-Varina, continues to witness growth, with Durham facing high demand and opportunities for expansion.
