Hotel and Tech Jobs Growth Top Era of Economic Success in North Carolina

Raleigh, N.C. – North Carolina has set records for hotel occupancy and revenue while leading the United States in IT employment growth, according to recent industry reports and job announcements that show the state continues to undergo rapid economic growth. 

‘Smart grid firm moving HQ to Cary from Silicon Valley, bringing 130 jobs.’ WRAL Tech Wire April 2017

‘The number of workers employed statewide (not seasonally adjusted) increased in February by 41,376 to 4,669,306.’ Department of Commerce April 2017

‘Unemployment Rates Decrease in All 100 North Carolina Counties.’ Department of Commerce April 2017

North Carolina hotels set record high occupancy and rates, while room revenue growth doubles the national average. VisitNC Lodging Report March 2017

Each month of 2016 North Carolina had the highest hotel occupancy on record. VisitNC Lodging Report March 2017

North Carolina excels in ‘Fiscal Survey of States’ – National Association of State Budget Officers March 2017

‘Clearwater announces 180 new jobs, $330 million investment.’ The Shelby Star February 2017

‘$552 million budget surplus announced.’ North State Journal February 2017 

North Carolina ranked #1 in the United States for IT employment growth by Tech Association study. Triangle Business Journal February 2017

North Carolina ranks above all other states for percentage of women in the IT workforce.  N.C. Tech Association State of Technology Report February 2017

‘Revenue picture remains good for North Carolina government’ with $332 million revenue surplus Associated Press January 2017

‘North Carolina continues to provide income tax relief.’ Forbes December 2016

North Carolina Ranks #2 in Site Selection’s 2016 Top State Business Rankings. Site Selection Magazine November 2016

‘Lending Tree to add more than 300 jobs in Charlotte HQ expansion.’ Charlotte Business Journal November 2016

‘North Carolina’s unemployment rate below national average.’ Washington Times September 2016

‘Raleigh and Charlotte named #2 and #7 in “America’s Top Spots for Tech Jobs.’ Forbes August 2016

‘Growing tax collections trigger corporate rate cut; revenues beat target by more than $300 million.’ Carolina Journal August 2016

‘North Carolina budget director reports $425 million surplus.’ Time Warner Cable News July 2016

‘Tax revenues have increased 6% this year, and the state has a $400 million budget surplus.’ Wall Street Journal June 2016

‘State budget cuts income taxes, raises teacher and state worker salaries.’ WRAL June 2016

‘North Carolina improves from #9 to #5 Top State for Business.’ CNBC June 2016

‘North Carolina has had the country’s fastest growing economy.’ Politifact April 2016

‘By G.D.P., North Carolina had fastest growing large economy in the nation.’ Triangle Business Journal March 2016