Forbes released their annual List of the Best Places for Business and Careers, with Raleigh coming in at number 2. Forbes crunched the numbers on the 401 metropolitan statistical areas in the U.S. to gauge the best and worst business climates. The Result was their 17th annual list of the Best Places for Business and Careers.
According to Forbes, "The Raleigh-Cary metro area is a steady performer, ranking in the top three of our Best Places list for more than a dozen years. Migration into the area has been the eighth fastest in the U.S. over the past five years as people gravitate to the area with large employers like corporate giants BASF , Biogen, Cisco Systems, Fidelity Investments ,GlaxoSmithKline, IBM and others. All have a large presence in Raleigh or the nearby Research Triangle Park. These employers benefit from business costs 15% below the national average and a labor force where 44% hold a college degree."
Raleigh's ability to thrive through the recession and it's strong technology, life sciences and cleantech clusters help add to a vibrant economy. With municipalities in Wake County that surround Raleigh, that continue to grow exponentially, this only continues to add to the talented workforce and quality of life in the Raleigh area. With a booming downtown, the largest research park in the world, and incredible research universities, we can only be back to #1 on the list in the coming years.
Read Forbes full article here.