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 Message Boards » » Raleigh: Ranked 2nd Metro Area for Business,Forbes Page [1]  
hszaczek24
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Quote :
"Forbes Ranks Raleigh 2nd, Durham 8th Among Metro Area for Business, Careers

POSTED: 9:32 am EDT May 5, 2006
UPDATED: 10:07 am EDT May 5, 2006

RALEIGH, N.C. -- The Triangle has been divided but its two major components, Raleigh and Durham, still rank among the best metropolitan areas in the country to do business, says Forbes Magazine.

In its latest list that was released Thursday, Raleigh ranked second and Durham eighth as best places for business and careers. Forbes Magazine rated 200 metropolitan areas, up from 150 a year ago, utilizing data from the Office of Management and Budget. Raleigh-Durham were split in 2003 data.

Half of the 2006 top 10 list is different from 2005. Among the cities falling off was Atlanta, which dropped to 15th.

Raleigh finished behind Albuquerque N.M. in the race for top metro area.

“People continue to flock to Raleigh – 100,000 of them since 2001,” the magazine said in citing reasons for the North Carolina capital’s high ranking. “Unemployment is low, 4 percent in 2005, even with the added bodies. Employers like the low business costs and educated workforce.”

Forbes considered an index of factors in ranking metro areas. Among them were job growth, the cost of doing businesses (such as labor costs, energy costs, taxes, and office space).

“Durham is doing just fine on its own, thriving with the tech-savvy Research Triangle,” the magazine added. “The city can lay claim to having the nation’s sixth most-educated labor force: 40 percent of its adult population holds a college degree and 18 percent an advanced degree.”

Raleigh received high marks for cost of doing business (43rd of 200), education attainment (11th) and net migration (12th).

Durham was 24th in cost of doing business and 65th in net migration.

The top 10 metro areas in order were:
Albuquerque, N.M.
Raleigh
Houston
Boise, ID
Knoxville
Phoenix
Nashville
Durham
Fayetteville, AR
Indianapolis
Other North Carolina metro areas included: Ashville 24th; Charlotte 29th; Wilmington 36th; Winston-Salem 62nd; Greensboro 78th; Fayetteville 143rd; and Hickory 163rd.

Charleston was the highest-ranking South Carolina metro area at 56th. Columbia ranked 91st.

Savannah, Georgia ranked 99th."

http://www.wral.com/goodnews/9165541/detail.html


things like this make me that i'm a business major

5/5/2006 11:14:57 AM

BobbyDigital
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How is "Ashville" 24th?

I know the head shops probably do well there but...

5/5/2006 11:17:28 AM

superchevy
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it's probably crafts in general. also, it's purdy up there in the mountains. only thing you have to worry about are the homos. asheville is known as "the san francisco of the east".

[Edited on May 5, 2006 at 12:18 PM. Reason : ]

5/5/2006 12:17:27 PM

UJustWait84
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this doesnt mean anything other than the fact that it's dirt cheap to do business in raleigh

5/5/2006 1:41:01 PM

Wolfpacker06
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^obviously you lack basic reading comprehension skills

There were a variety of factors that played into this, not the least of which is the high concentration of college educated workers. And that is a marker for growth, ie, Raleigh will continue to improve as more educated people move here.

So this is good news, not only for business majors like myself ( ), but the whole city.

5/5/2006 2:07:31 PM

UJustWait84
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5/5/2006 7:37:14 PM

phishnlou
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if you think this is like somehow good news or something, or interpret it as raleigh is the easiest place to get a job

well, then you are a doofus

Quote :
"asheville is known as "the san francisco of the east"."


not well known, considering that is the first time i have ever heard that said

[Edited on May 5, 2006 at 7:54 PM. Reason : d]

5/5/2006 7:51:44 PM

Sputter
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Quote :
"How is "Asheville" 24th?

I know the head shops probably do well there but...

"


It's becoming a huge retirement community.

I've never heard San Francisco of the East, but I have heard Paris of the South.

5/5/2006 8:30:32 PM

Dentaldamn
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i went to the beer garden in Asheville and there was abunch of Jarheads
BUZZKILL!

[Edited on May 5, 2006 at 9:02 PM. Reason : !]

5/5/2006 9:02:04 PM

UJustWait84
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Quote :
"Paris of the South."


5/5/2006 11:19:09 PM

1
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gay paree

5/6/2006 8:06:22 AM

BobbyDigital
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What's the high tech climate like there? Asheville's one of the places my wife's likely to end up for a medical residency, so basically, I'm wondering how much of a pay cut I'd have to take if we moved out there.

5/6/2006 8:12:53 AM

ultra
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There are tech companies in Asheville?

5/6/2006 11:01:52 AM

BobbyDigital
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that's what I want to find out.

5/6/2006 11:20:57 AM

ultra
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Interesting

http://www.nceita.org/resources/nctechstats.asp

http://www.ashevillechamber.org/relocation/technology.asp

http://www.meetthegeeks.net/cms/

http://www.appliedtns.com/jobs.php

5/6/2006 12:23:21 PM

 Message Boards » The Lounge » Raleigh: Ranked 2nd Metro Area for Business,Forbes Page [1]  
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