Tuesday, December 16, 2008

Raleigh-Cary Named Best Large City To Do Business!

In today's challenging economic times don't you want to live in a place that is recognized as the top place to do business?  Well of course you do...we all do!  A top business environment means many things including good jobs, good entrepreneurial spirit, good growth of people moving into the area, a good local economy, good innovation, good networking and good culture to name just a few "good" things that go along with a great place to do business!

Well Raleigh-Cary is considered to be "the best large city in the U.S. to do business, according to newgeography.com, a Web site devoted to analyzing and discussing places where people live and work."   This latest honor is another reason why Raleigh and the surrounding Triangle is a great place to live, work and play.  

Here is an excerpt from the article from newgeography.com - 

Here Come the Carolinas

"The other big winners this year are concentrated in the Carolinas. Like Texas, these two states are being fed by varied economies. Certainly, technology companies have been a factor here, many of them in Raleigh-Cary, N.C., which ranked No. 1, up six places, on our list of largest metro areas. Finance has played a large part, too, with Charlotte (No. 5), up 18 places, emerging as the big but low-cost, family-friendly alternative to the New York financial center.

Demographics are a big part of the story here. Our analysis from Praxis Strategy Group shows that Raleigh and Charlotte, are among the biggest magnets for young, educated workers, particularly those in their late 20s and early 30s.

"People are coming here for basic reasons and taking their families with them," observes Sociologist John D. Kasarda, director of the Kenan Institute at the University of North Carolina at Chapel Hill. "They are coming for jobs, particularly from the Northeast, and an affordable quality of life."

All this "good" news in this great area means that this buyers market will not last forever so take advantage of the amazing real estate prices and low interest rates while you can.
 
Click here  to read the WRAL story about Raleigh-Cary being the best large city to do business in!