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NC moves to 4th in America's Top States for Business

N.C. garners No. 4 spot in CNBC ranking

CNBC has declared North Carolina as most improved among the top five states for doing business, elevating the state from 9th to 4th in its annual survey, "America's Top States for Business."

"This shows that the hard work of the past year has paid off - our investments in education to build the workforce of tomorrow, policies that create a more business-friendly climate and our aggressive recruiting," said Gov. Bev Perdue. "When I took office, I pledged to take any meeting and make any call to bring jobs to this state. There’s nothing I love more than convincing a corporate executive of what a great place this is to live and work."

The ranking is the highest North Carolina has achieved in the four years of the survey. In 2008 and 2007, North Carolina ranked 6th and 5th, respectively.

In its rankings, CNBC scored the states on more than 40 measures of competitiveness based on the cost of doing business, workforce, quality of life, economy, transportation and infrastructure, technology and innovation, education, business friendliness, access to capital and cost of living.

See the full CNBC special report on "America's Top States for Business." The report also includes a video highlighting North Carolina and CNBC's resons (including our workforce and access to capital) for ranking us No. 4.

Below are the rankings for the top ten states. See the full rankings for all states.

State Cost of Business Workforce Quality of Life Economy Trans-
portation
Tech & Innovation Education Business Friendliness Access to Capital Cost of Living
1 Tex. 30 16 29 1 1 4 30 19 7 8
2 Va. 26 9 18 11 12 10 13 2 9 27
3 Co. 25 10 2 8 36 12 29 4 15 35
4 N.C. 15 3 32 37 10 11 26 13 10 23
5 Mass. 39 23 6 17 39 3 1 14 2 41
6 Iowa 1 20 17 10 32 29 16 12 36 17
7 S.D. 4 15 11 4 27 49 21 3 40 5
8 Minn. (tie) 31 34 12 5 11 16 9 20 19 15
8 Utah (tie) 7 7 5 23 32 25 48 10 39 17
10 Ga. 20 3 35 37 2 17 28 17 13 9

© 2010 North Carolina Department of Commerce | SYNCTM is a trademark of the N.C. Department of Commerce.

 
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