Wednesday, January 22, 2014
Relocating To CHarlotte, NC: Economic Development
In this ever changing landscape I have noticed more and more people are moving to where jobs are and unlike previous generations that stayed where they were for most of their lives the newer generations tend to be on the move more. One area that is popular among people moving is Charlotte, NC. I have decided to devote a series of blog posts to the many reasons why people are moving into the Charlotte region on a daily basis.
First is economic development. The number one reason people move is for their jobs or to find one. Charlotte has become a robust area for job seekers over the past few years. There are a lot of reasons why. According to the Charlotte chamber of Commerce the Charlotte region in the past year alone Charlotte has seen 6,790 new firms invest over 12 Billion in new Charlotte facilities. This coupled with Hoover's report that Charlotte is home to over 3400 companies that have revenues over 1million annually.
But the main reason Charlotte thrives with job seekers is we are home headquarters to eight of the fortune 500 companies and 274 of them have facilities in the Charlotte area. That means over half of the 500 largest companies in the United States have a stake in the Charlotte market.
This diversity has helped Charlotte thrive even in the economic down turn. We are the second largest banking center in the United States behind New York. That has helped us create numerous jobs in the banking and financial sector which has added to the job growth of the Charlotte region.
But we are more than just fortune 500 companies and a banking center hub. We have a large manufacturing base as well as an international companies in the Charlotte region. In fact Charlotte is the largest hub for international companies in the state of North Carolina.
When you visit Charlotte for the first time you can now see why there is an ever constant flux of construction going on as the city of Charlotte is constantly growing and expanding to meet the demands of companies here and ones moving into the Charlotte region.....
This is the first reason I hear from most people on why they chose the Charlotte region to relocate to and one of the reasons I chose Charlotte a little over eight years ago to call home when I was leaving Connecticut.
Dave diCecco
Realtor/Broker
Helen Adams Realty
Cell: 704-519-7895
ddicecco@helenadamsrealty.com
www.davedicecco.com
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