Pittsburgh and Raleigh enjoy solid growth as they await Amazon’s HQ2 decision

Pittsburgh International and Raleigh Durham International airports are enjoying solid passenger growth as they await Amazon’s highly anticipated decision for the location of its second headquarters.


Summary:

  • Pittsburgh and Raleigh Durham airports enjoy solid passenger growth as they await Amazon’s highly anticipated decision for the location of its second headquarters;
  • Both Pittsburgh and Raleigh are on the technology behemoth’s shortlist of 20 candidate cities for its next headquarters location outside of Seattle;
  • While competing against larger metro areas including New York and Washington, DC, smaller regions appear to be more competitive to Amazon’s preferences.

Both Pittsburgh and Raleigh are on the technology behemoth’s shortlist of 20 candidate cities for its next headquarters location outside of Seattle. Each city has a robust and growing technology sector that has garnered the attention of Amazon.

Aside from Amazon’s interest, both airports continue to chart solid passenger growth.

Pittsburgh posted 8% passenger growth to 9 million passengers –– its highest level of growth since 2010. Raleigh-Durham International, meanwhile, handled 11.7 million passengers in 2017, a 5.6% increase year-on-year. Since 2014, the airport’s growth has been 4% or higher, peaking at 10.3% in 2016. For 1H2018, Raleigh Durham’s year-on-year passenger growth was 10%.

Raleigh is also one of 20 candidate cities for Amazon’s second headquarters, and in some tech circles, the city is considered a front runner. Publication GeekWire recently surveyed its readers regarding which of the 20 cities vying for Amazon’s new headquarters was the most appealing from a livabiblity perspective.

Raleigh emerged at the top of the list, ahead of New York City and Washington, DC. One survey does not necessarily dictate the winner, but the Raleigh region’s attributes include a tech talent pool and a lower cost of living than some cities on Amazon’s finalist list.

In 2017 WalletHub ranked Pittsburgh as the third best US city to live.

Even as Pittsburgh and Raleigh compete against larger metro areas including New York and Washington, DC, those smaller regions appear to be more competitive for Amazon’s preferences than initially meet the eye.