Source: Dr. Mike Walden, WRAL TECHWIRE, 4/26/21


Editor’s note: Dr. Michael L Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University.   He has written two books on the North Carolina economy, North Carolina in the Connected Age, and North Carolina Beyond the Connected Age, both published by the University of North Carolina Press.

Some of us will put April 26 on our calendars as “Apple Day,” celebrating the date when the giant tech company announced it was investing “big” in North Carolina – or as Barney Fife would say, “big, big.”  A billion-dollar investment and 3,000 jobs represent just the start of the impact.  Supplier and support firms will also be attracted, and the spending from the new jobs will generate a larger retail base.   All included, the total “Apple effect” could be closer to 6000 jobs and over $1 billion of new annual spending in the state.

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