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Forbes: N.C. third best state for business

Posted October 14, 2010

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— North Carolina is the third best state in the country for business and careers, Forbes magazine says in a new report.

The Tar Heel state climbed two spots in the rankings from a year ago.

Forbes listed North Carolina as:

  • No. 3 in business costs
  • No. 15 in labor supply
  • No. 3 for regulatory climate
  • No. 18 for economic climate
  • No. 9 for growth prospects
  • No. 32 for quality of life

“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 in a statement. “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.”

Perdue also noted that North Carolina ranks third in reducing its unemployment rate (to 9.7 percent) while ranking fourth in job creation.

Utah is the new No. 1, toppling Virginia.

Georgia ranks eighth, falling two places from a year ago.

South Carolina, meanwhile, dropped nine spots to 34th.

Rankings are based on Forbes’ analysis of 33 criteria within six broad categories. Business costs such as labor, energy and taxes are weighted most heavily.

Other states in the top 10 include: Colorado (4), Washington (5), Oregon (6), Texas (7), Georgia (8), Nebraska (9) and Kansas (10).

21 Comments

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  • Plenty Coups Oct 14, 2010

    Meeker-"what a joke. all these magazines and their meaningless rankings. bring your businesses here, bring 'em on. and when you get here, for those who need the public education system be warned, you won't like what you find.

    Let me get this straight. We shouldn't believe national magazines such as Forbes (a conservative magazine) and Businessweek (which rated some Triangle schools as the best value in the nation recently)even though they use important things like data and evidence. But we should believe you that everything here is bad based on....?????

  • Peace Love and Cold Meds Oct 14, 2010

    what a joke. all these magazines and their meaningless rankings. bring your businesses here, bring 'em on. and when you get here, for those who need the public education system be warned, you won't like what you find. it's not all rosy as the tabloids would lead you to believe. as for this state's leadership, again, be warned. be very warned. we're about to move to 2nd on all lists for highest taxes in the country, right behind CA.

    yep, come on down, we'd love to have you.

  • davidgnews Oct 14, 2010

    I'm not surprised, given this state's penchant for corruption and corporate tax breaks.

  • MagnumLoads Oct 14, 2010

    ...and NC is dead last in Worker's Rights.

  • Raleigh Boys Oct 14, 2010

    This story is dog do-do. Either that, or the other states are much worse off than our state is.

  • artist Oct 14, 2010

    "This shows that the hard work of the past year has paid off"

    Well.... If you are taking all the credit for this report... then what credit will you absorb in relation to next years multi-billion dollar budget shortfall?

    Be careful when claiming good news as your own.

  • Nunya123 Oct 14, 2010

    And the whining begins again. Man. The same complainers modifying the posts to fit the article du jour. Save time complainers, cut and paste. It is all the same regurgitated rants over and over again anyways. Wonder why there aren't any high paying jobs? No one wants to pay a bunch of cry baby complainers. If you're this bad in text form, can only image how much you whine in real life.

  • town guy Oct 14, 2010

    If Bush was still prez, I'll bet you Republicans would have seen this as good news.

  • thinkb4uspeakplz Oct 14, 2010

    Rose colored glasses for sure....this entire country is in horrible shape!!! We keep borrowing money and truly we are an owned country more than a self supporting entity now. I cannot imagine how it is going to be for my great grandchildren if this trend continues!!! I love the USA but is it failing!!!

  • ThomasL Oct 14, 2010

    #9 for growth prospects equals #32 for quality of life.More Dam@ people moving here,destroying what open land(fields,woods)this state has left and traffic problems out the wazoo.Maybe this state was good 30 years ago,now it's just like most now,crowding,noisy,and not really a happy place to be,and our families have lived here forever,where not state jumpers...

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