Record-Breaking Private Sector Wage Growth
Caldwell County ranked 20th out of North Carolina’s 100 counties for wage growth in 2023. Since 2015, wages have grown an impressive 51.5%.
11 Mar 2024
In the quest for sustainable growth and prosperity, rural economic developers face a unique set of challenges, paramount among them being a pervasive issue of infrastructure deficits. These deficits not only stifle economic potential but also hinder the quality of life in rural communities.
Infrastructure in rural areas encompasses a broad spectrum, including transportation networks, broadband internet access, water and sewage systems, and energy supply. The deficits in these areas are multifaceted, often rooted in the geographical vastness and lower population densities of rural regions. This makes the cost-per-use of infrastructure development significantly higher than in urban areas, frequently leading to underinvestment.