The economic foundation that turned North Carolina’s Research Triangle into one of the most dynamic economies in the U.S. is now under threat due to potential funding cuts. Prominent academic institutions in the region have attracted businesses of all sizes, along with the jobs they bring, transforming Raleigh, Durham, and Chapel Hill from a tobacco- and textile-dependent economy into a leading hub for science and technology. However, reduced financial support could undermine this progress and create challenges for the area’s continued growth.
— news from Bloomberg
