Cumberland County in North Carolina is experiencing significant growth in incoming investment, ranking eighth in the state according to a recent study conducted by SmartAsset. The study analyzed three key metrics: business establishment growth, gross domestic product growth, and new building permits.
SmartAsset is a financial advising company that focuses on retirement planning, financial literacy, and connecting clients with financial advisers. The impressive performance of Cumberland County includes a 16.46% business growth rate, $6,584 in gross domestic product growth, 5.40 new building permits per 1,000 homes, and a 1.61 gross domestic product growth index.
While Mecklenburg County took the top spot, Cumberland County was followed by counties like Wake, Guilford, Buncombe, Forsyth