News & Rankings

Bloomberg states Raleigh is the next tier of Superstar Cities

For the past three decades, one of the central stories in the U.S. economy has been the rise of superstar cities. As the country has shifted from manufacturing to services, high-value knowledge industries such as technology, finance, and pharmaceuticals have become more important. These industries tend to cluster because skilled workers, entrepreneurs, big companies and funding sources all want to be in the same area. Now we are seeing more companies leaving the San Francisco Bay Area and NYC, in pursuit of more affordable locations, at the next tier of budding superstar cities such as Austin, Denver Atlanta, and Raleigh. Read the rest of the Bloomberg article.


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