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%.
17 Mar 2025
News
I spent 30 years at Lockheed Martin, 20 of which were in site selection, workforce development, and real estate disciplines, followed by the last 11 years consulting in the tech sector. Site selection has come a long way in the last four decades, driven by increased investment requirements, heightened investor scrutiny, and deteriorating workforce demographics.
Forty years ago, touch labor training requirements were relatively rudimentary, most of the population was mechanically adept, and workers were willing to move for a job in the tech sector. In those days, you could locate a new facility at the whims of management with little investor scrutiny.