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Raleigh Economic Development Annual Report Released!

The City of Raleigh’s Office of Economic Development has just released its 2013-2014 Annual Report! See below to check out the latest stats, demographics and developments in the Capital City.

If you have been following our News Section, you know that Raleigh

has been receiving major media coverage and national recognition. The Annual Report quickly highlights the top media accolades bestowed on the Capital City while also taking time to thoroughly cover the years’ investment and development numbers, cost of living statistics, the culture scene as well as the new urban industry “clusters” that are driving Raleigh’s economy and future!

A few interesting takeaways for your Compass:

  • Raleigh is No. 2 of the “Top 10 Fastest-Growing Metro Areas” beating out Charlotte at No. 8! (Austin, TX took the No. 1 spot)

  • Raleigh has 9,500 acres of public parks and greenways, making Raleigh truly a "city within a park"

  • Life Science and Tech are becoming the leading industry “clusters” in the Capital City

  • Raleigh is the global leader in “Smart Grid” innovation, a cleantech energy and power network

  • For Startups, Raleigh ranked No. 1 on Forbes “10 Up and Coming Cities for Entrepreneurs”

Read more of the report below and start to experience and look around yourself at how Raleigh is truly becoming, as the Office of Economic Development’s tagline says, a “Raleigh FOR You.”

-Capital Compass

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