It pays to be smart
You have probably heard that Raleigh is in the Research Triangle area, but do you know where that name came from? The Triangle referred to is the one created by connecting the research universities in Chapel Hill (University of North Carolina), Durham (Duke University), and Raleigh (North Carolina State University). In the center of this triangle, the Research Triangle Park has developed as a combined effort of business, government and university leaders. While there are a variety of businesses in the Park, the majority of companies are in the medical, research and technology fields.
This month Bizjournals included Raleigh in its profiles of the 10 smartest metro areas in the country. Raleigh is one of 8 metro areas where at least 40% of the residents have at least a Bachelors Degree. Bizjournals reports that a more educated work force boosts the economic strength of the nation’s metro areas. We have certainly seen that in the Raleigh area. Not only does the educated workforce have more income and more to spend and invest, they also attract employers that provide more job growth. These dynamics help feed the vitality we are experiencing in the Raleigh area. It pays to be smart.
