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%.
25 Mar 2024
The Corporate Survey results shed light on the evolving landscape of site selection priorities. I was not surprised to see that workforce criteria continue to emerge as the top consideration. It correctly reflects how the current demographic crisis is leading to an enduring strategic focus on talent acquisition and retention. This emphasis on workforce aligns with the needs observed in the EV, battery manufacturing, and battery recycling sectors, especially with assembly plants that require a large workforce and battery-material manufacturing facilities that require a pointed skillset.