Business

Raleigh returns to top of Forbes business climate list

Posted June 29, 2011

— Raleigh is once again the best place in America to do business.

After a year at No. 3 on Forbes magazine's list of Best Places for Business, the Capital City regained its No. 1 spot in the list 13th annual released Wednesday. It topped the list each year from 2007 to 2009.

Durham ranked 31st on the latest list. Charlotte was 22nd, and Asheville was 24th.

"Low business costs (18 percent below the national average) and a smart labor force (42 percent have a college degree) make North Carolina’s capital an attractive spot for employers," the magazine wrote. "Job seekers get it: The net migration rate to Raleigh was the second highest in the U.S. over the past five years."

Raleigh was the lone East Coast city featured in the Forbes list. Des Moines, Iowa, Provo, Utah, Lexington, Ky., and Fort Collins, Colo., finished behind Raleigh. Nashville, Tenn., Austin, Texas, San Antonio, Denver and Dallas rounded out the top 10.

11 Comments

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  • DontLikeTheSocialistObama Jun 30, 7:26 p.m.

    To improve the quality of life for those who are already here they need to keep us off of these lists.

  • DontLikeTheSocialistObama Jun 30, 7:15 p.m.

    Most of Raleigh's significant growth happened under Tom Fetzer.

    Unemployment is up significantly under Meeker.

    Meeker wasted our money on a convention center that will never break even without taxpayer subsidies.

    Meeker tried to take away our garbage disposals.

    Meeker funded a private restaurant downtown with taxpayer funds.

    Meeker built an unneeded amphitheater downtown when we already had Walnut Creek.

    Meeker took away our pine straw.

    Meeker and Allen significantly raised fees.

    My water bill went from $40 per two months when Meeker took office to $40 per month currently.

    Meeker wants to build the unneeded train to RTP that nobody wants.

    Under Meeker trash fees were raised while pickup service was reduced from twice a week to weekly pickup.

    Under Meeker Recycle fees were also raised as well.

    Instead of raising taxes, Meeker raises fees. This allows him to say he hasn't raised our taxes.

    Bu Bye Meeker. Don't let the door hit you on the way

  • dontstopnow Jun 30, 4:10 p.m.

    I find this story laughable since unemployment is draining the area of its quality of life and the jobs are migrating overseas, so how did this story and rating come about again please??????

  • BIlzac Jun 30, 12:45 p.m.

    I find this story to be nothing short of amazing.

    If you're a regular on the Golo pages, you know that for the past month we have been hearing about how North Carolina was running people out of the state because of excess taxation, and how businesses were being almost literally crushed with taxes and regulation.

    So clearly this story cannot be correct, right?

  • nerdlywehunt Jun 30, 10:45 a.m.

    The Forbes King can't even run his own empire so what should he have ANY credibility? Should just go out on his yacht and dwell on his kingdom that he inherited! Like gcmann said, overqualified and under paid, just what he likes.......hey nc republicans, how is that gas tax working out for 'ya?

  • Bill Brasky Jun 30, 9:46 a.m.

    "Raleigh saw MUCH better days when Tom F. was the Meyer. Instead now we have a clown trying to push a rail system no one will use.FAIL"

    Tom Fetzer? Are you kidding me, downtown was a complete ghost town prior to Meeker. The differences in just 10 years is night and day.

    As far as a rail system, I'm guessing your not a forward thinker. Seeing the amount of growth that Raleigh has experienced, that added with rising fuel costs, we are going to need one in the next decade, and the problem is that it takes years to build.

  • ncmike Jun 29, 7:27 p.m.

    So, I've always wondered, if Raleigh and the Triangle is a destination mecca for job seekers, are they included in the area's unemployment rate? I mean, if they are included, would the real area unemployment rate excluding them be significantly lower (e.g, is a better picture being masked by the job seeking emigrants?)

  • cityofoakscitizen Jun 29, 6:36 p.m.

    Yay for Meeker! Thank you for demonstrating that great things can happen when you invest in your community. We will miss your leadership!

  • signify6644 Jun 29, 6:33 p.m.

    "We will plummit under radical republican rule."

    Raleigh saw MUCH better days when Tom F. was the Meyer.
    Instead now we have a clown trying to push a rail system no one will use.FAIL

  • gcmann Jun 29, 6:22 p.m.

    "Low business costs (18 percent below the national average) and a smart labor force (42 percent have a college degree) make North Carolina’s capital an attractive spot for employers,"

    Raleigh residents are overqualified and underpaid - there, just wanted to simplify your statement.

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