During the last 30 years, growth in Raleigh, and the surrounding Research Triangle Region, has consistently and significantly outpaced the nation. Fueled by an impressive mix of education, ingenuity and collaboration, North Carolina’s capital city has become an internationally recognized leader in life science and technology innovation. It also happens to be a really nice place to live.
In the years leading up to the Great Recession, Raleigh experienced a boom in both residential and commercial development. Large-scale projects including single-family subdivisions, multi-family condominiums, commercial shopping centers, medical facilities and university campuses were either permitted or under review.
The Office of Economic Development has just released its inaugural Annual Report. The FY 2013/2014 report includes data previously found in the Growth and Development Report produced by the Long Range Planning Division and tells the story of development and investment happening all over Raleigh.
A new Business Resource Guide is available now for all those who need information about starting a new business.
"Small businesses are key to Raleigh's economy, I know first-hand how challenging starting a new business can be. This guide provides the information small business owners need to help make starting or growing their business a success."
- Mayor Nancy McFarlane
Shop Local Raleigh is all about promoting and supporting locally-owned, independent businesses. It’s about making your hard-earned money go further, fueling the local economy, and helping to preserve the unique character of Raleigh. As local economist Dr. Michael Walden puts it...
“buying local can be a ‘win-win’ for the retailer and for the economy at large.”