State Of Research Triangle Region

Business Leaders, economic developers and other stakeholders came out in the hundreds to hear yesterday’s State of the Research Triangle Region address.

Leoneda Inge: Charles Hayes is President and CEO of the Research Triangle Regional Partnership. He says in 2011 the region’s population grew by nearly two percent and wages grew by almost five-percent. But job growth is still slow. Hayes says since their economic plan was implemented in 2009 the 13 county region has added only 22,400 jobs.

Charles Hayes: That’s not good news. But few in 2009 thought the Great Recession, the Great Re-Set would still be with us three years later, but it is.

Hayes told the crowd he predicts a total recovery thanks to growth news from companies like Red Hat, and Cisco Systems and building projects at Galloway Ridge and Campbell University’s medical school.