February 2024

The Raleigh, NC market’s flourishing economy is fueled by sustained market growth, a diverse range of industries, and a vibrant tech scene, making it a thriving metropolitan landscape.

 

Raleigh ranks No. 1, Durham No. 3 as best places to start a business.

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Raleigh ranks #2 when it comes to the best-performing large cities of 2024. 

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Raleigh ranks #3 Best Places to Live in the U.S. in 2023-2024.

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Toyota announced an $8 billion investment towards its Randolph County electric battery manufacturing site, with plans to add an additional 3,000 jobs.

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Indivior Inc., a global pharmaceutical company, will invest and expand operations for a production facility in Raleigh. They plan to add 35 new positions and make a capital investment of over $60 million over the next five years.

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Grocery store chain Trader Joe’s planning to open a new store in North Raleigh. 

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Construction begins on Wake County Transit Plan with a goal of connecting downtown Raleigh with WakeMed and New Hope Road with frequent and reliable transit.

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