Kiplinger’s Magazine Ranks Raleigh as 10th Best Place To Live in 2009
Raleigh couldn’t escape two big economic hits over the past year. For one, the state of North Carolina has had a bad run, losing thousands of jobs in two particularly vulnerable sectors in this recession: manufacturing and financial services. And construction was also a major force during the boom years. The bursting of the real estate bubble has killed off that sector.
Nevertheless, Raleigh still has an enviable economic base, built on three universities and Research Triangle Park, where employers in everything from biotech to computers still thrive.
Although Raleigh’s unemployment rate has doubled in the past year, to 8.6%, it’s still much lower than the 10.8% rate for the state as a whole. And people continue to move here, recognizing — as we do — that the Raleigh area will boom again.
Info provided by www.Kiplingers.com
Raleigh has a lot to offer both individuals and families alike. There are excellent restaurants, boutique shops, and locally owned businesses that focus on getting to know their customers and providing great service. I grew up in Kinston, NC, but I moved to Raleigh after living in New York City for three years. This gives me so much appreciate for Raleigh. I wanted the offerings and benefits of a city, but one that felt like a smaller town. I think that’s exactly what I got.