News & Rankings

New reports shine bright light of Raleigh: No. 1 metro, significant job growth coming

Two new reports from Wake County Economic Development presented to Wake County commissioners paint an optimistic picture for the Raleigh metro area as the economy begins to rebound from the pandemic.

In the 2020 Metro Comparison, an independent study commissioned by WCED – a part of the greater Raleigh Chamber of Commerce – comparing the Raleigh Metropolitan Statistical Area (MSA) with the top 100 largest MSAs across the U.S., Raleigh came out No. 1. Raleigh rival Austin, Tx. came in at No. 2 with Seattle (4), Atlanta (9) and San Francisco (10) among other notable metros.

In the Economy & Business 2021 report, WCED reports announcing more than 6,621 new jobs and $406 million in investments in the region—including 2,516 jobs in technology, 994 in the life sciences, and 992 in advanced manufacturing, three sectors of focus for the organization.

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