Wake County jobs pipeline for ’23 in just 2 words: ‘Very promising’

RALEIGH – Michael Haley, head of Wake County Economic Development, was on vacation with TechWire reached out for his assessment of the jobs and business recruitment project pipeline for 2023. His brief response says it all:

“Very promising.”

Of course Wake Economic Development provided plenty of data to add details to Haley’s response. He then went back on break.

The core of the optimistic overview was highlighted by a complex paragraph at the end of WCED’s regular project update in recapping a busy 2022 and looking ahead to  2023 and reflects the optimistic outlook for business recruitment across the state.

Here it is:

“New, Expanding Advanced Manufacturing, Advanced Medical Technologies, Advanced Transportation/Electric Vehicles, Agriculture, Biotechnology/Pharmaceuticals, Cleantech, Consumer Products, Defense Technologies, Design/Digital Media/Gaming, Distribution/Logistics/Warehouse , Financial Services, Government/Nonprofit, Healthcare, Hospitality, Interactive Digital Media/Gaming, Life Sciences, Manufacturing, Professional Services, Real Estate, Retail, Skilled Trades/Construction, Smart Grid, Software/IT, Solar/Renewable Energy, Other, Unclassified

“Wake County – Apex, Wake County – Cary, Wake County – Fuquay-Varina, Wake County – Garner, Wake County – Holly Springs, Wake County – Knightdale, Wake County – Morrisville, Wake County – Raleigh, Wake County – Raleigh – Downtown, Wake County – Research Triangle Park, Wake County – Rolesville, Wake County – Wake Forest, Wake County – Wendell, Wake County – Zebulon, Out of Market, Prospect – TBD ”

Look at the scale of opportunities in industries.

And note the wealth of potential for far more than Raleigh-Cary.

Understand all that?

“That information is an aggregate/summary of the report findings,” a spokesperson for WCED explained. “That means that this report includes both new and expanding companies as detailed in the proceeding information [in the report].”

In other words, business is good.

“Active Projects” on the radar for the economic developers break down this way:

• Active Projects as of Nov. 30, 2022: 32
• Potential Jobs: 8,009
• Potential Investment: $6.8B

The county ended 2022 on a surge from Oct. 1 to Nov. 30 of:

• New & Expanding Company Announcements: 8
• Jobs: 469
• Investment: $188M

The WCED pipeline swelled from October through November, too:

• Total Projects received since Oct. 1, 2022: 20
• Potential Jobs: 9,970
• Potential Investment: $3.4B

Related news

NC business recruiters aim for record 100k jobs, $112B in investment for 2023

The post Wake County jobs pipeline for ’23 in just 2 words: ‘Very promising’ first appeared on WRAL TechWire.

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