News & Media

News & Rankings

News

The WCED Team is Hiring-- Apply Today!

Wake County Economic Development is excited to share that our Business Recruitment & Expansion (BRE) team is hiring. We are seeking to hire both a Project Manager and a Senior Project Manager. The positions’ primary functions are to lead complex economic development projects throu… Read more >

Rankings

North Carolina Ranked 7th for Best State Economy in 2025

North Carolina has been recognized as having the 7th best economy in the U.S. News & World Report's 2025 rankings. The state's strong performance is attributed to a 2.6% job growth rate, surpassing the national average of 1.5%. The report analyzed all 50 states using 71 metrics across ei… Read more >

News

Genentech Announces Plans to Invest $700 Million in Holly Springs, Creating 420 Jobs

Genentech, a member of the Roche Group based in Switzerland has announced plans to invest $700 million in Holly Springs to establish a new high-volume fill/finish manufacturing facility. "World-class companies like Genentech recognize that North Carolina is a leading state for biotechnology… Read more >

News

PharmaVoice: Raleigh is poised to be pharma’s next manufacturing hub

A recent article published by PharmaVoice touts the growing signigicance of the life science sector in Wake County. From the article: The life sciences sector has been building a steady presence in Raleigh for decades, but that momentum has picked up in recent years, especially in biomanuf… Read more >

Rankings

Raleigh Ranks 2nd in 2025's Best Metros for Single-Family Home Renters

Raleigh has earned the 2nd top spot in Point2Homes’ 2025 ranking of the best U.S. metros for single-family home renters. Analysts evaluated 75 large metros based on key factors like affordability, job market strength, housing market conditions, and quality of life. Raleigh was specific… Read more >

News

Global Technology Company to Invest $2.1 Million in Wake County for New Headquarters

Governor Josh Stein has announced that Ralliant Corporation, a worldwide provider of precision technologies across multiple industries, will establish its global headquarters in Wake County, creating 180 jobs and investing $2.1 million in Raleigh’s North Hills area. Ralliant will beco… Read more >

Rankings

Raleigh Named 3rd Best State Capital to Live in for 2025

Raleigh has earned a top spot in WalletHub's 2025 ranking of the best state capitals to live in, securing 3rd place overall. Analysts compared 50 large cities across four key dimensions of affordability, economic well-being, quality of education & healthcare, and quality of life. Raleigh… Read more >

Rankings

Raleigh Named #3 Fastest-Growing U.S. City for Construction

In a recent report by CoreLogic, Raleigh was ranked as the third fastest-growing metro for future development. The analysis was based on over five key indicators of regional growth activity across 20 major cities. These included factors like land acquisitions, building permits, and new prope… Read more >

Rankings

Raleigh Ranks #2 in Cybersecurity Job Index

In a recent study by Upwind, analysts identified which U.S. cities had the fastest growth in cybersecurity employment and wages. Raleigh claimed the 2nd spot with an over 59% increase in employment and an 8.4% jump in wage averages. To determine which metros had the most successful job index… Read more >

Rankings

Raleigh Named #1 Best U.S. City for Renters

A recent study by U.S. News & World Report has named Raleigh the #1 best city for renters in the U.S. To determine the top city for affordability, analysts compared income data from the U.S. Census Bureau with rental information from Redfin and Zillow. Despite a growing population, rents… Read more >