The University of North Carolina at Chapel Hill has received less in federal research dollars so far this fiscal year.
Photographer: Cornell Watson/Bloomberg
Thriving Southern Cities Face Economic Threat From Funding Cuts
North Carolina's Research Triangle shows how federal efforts to curb spending are unleashing economic uncertainty in communities across the US.
The same economic anchor that propelled North Carolina’s Research Triangle into one of America’s most thriving economies now risks becoming a liability.
Major academic institutions in the community have helped lure businesses of all sizes — and the jobs that come with them — to Raleigh, Durham and Chapel Hill, transforming an economy once reliant on industries like tobacco and textiles into a leading science and technology hub.