THE DOWNTOWN DURHAM MARKET

Recession Resistant Industry Dynamics: Robust health and education sectors, as well as arts, entertainment and tourism, have created a strong, recession-resistant employment base. Durham County's largest source of jobs is education, health and social services at 39.5% of the total. Growth for Durham County in this category clocked in at 25.6% from 2000 to 2006, well ahead of the 14.1% for the U.S. overall.

Dynamic Growth Sector Presence: High technology employment, be it in electronics and computing or pharmaceuticals and biotechnology, are well established in Durham. Continued growth in these dynamic businesses and spin-offs like alternative energy should be economic growth drivers for years to come. These strong export sectors are also likely to benefit from the weak dollar. Research Triangle Park (RTP) has been a magnet for both intellectual and investment capital since 1959, when it was created by a consortium of nearby universities, municipal and state government and local business interests.

Request more information

«Back   More»