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Why Everyone Is Flocking To North Carolina’s Tech Hub

DeFi Daily News by DeFi Daily News
September 12, 2024
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North Carolina’s Research Triangle – the area between Chapel Hill, Raleigh and Durham – has become one of the country’s fastest growing tech hubs largely thanks to its access to talent from some of the top universities in the country (Duke, North Carolina at Chapel Hill and North Carolina State) and low cost of living. The state’s pro-business environment and low taxes have attracted tech giants like Meta, Apple and Amazon investing billions in the area. In 2024, the state was ranked second on CNBC’s America’s Top States For Business list.

Chapters:
1:33 Chapter 1. The rise of a region
5:27 Chapter 2. A pro-business state
9:10 Chapter 3. Downsides

Produced and Shot by: Natalie Rice
Edited by: Evan Lee Miller
Additional Camera: Darren Geeter
Senior Managing Producer: Tala Hadavi
Narration by: Robert Ferris
Animation: Jason Reginato
Additional footage: Duke University, Getty Images, AP Photo, NBC News
Additional sources: Redfin, Research Triangle Park
Additional Editorial Support by: Emily Lorsch

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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to master your money this fall? Sign up for CNBC’s new online course. We’ll teach you practical strategies to hack your budget, reduce your debt, and grow your wealth. Start today to feel more confident and successful. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season: https://cnb.cx/3WiasGB

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Why Everyone Is Flocking To North Carolina’s Tech Hub

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Tags: best citiesbest cities to live inbest statesbudgetbusinessCarolinasconsumerDukeDurhamEconomyemploymentfinanceFlockingHousingHubInflationjobsliving in north carolinamoving to north carolinamoving to raleigh ncNorthNorth CarolinaRaleighraleigh ncreal estatereal estate marketresearch triangleTechtech hubtobaccoTrianglewhere to live in america
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