CNBC has ranked North Carolina No. 1 in the “America’s Top States for Business” list for the second year in a row.
The CNBC article states, “At a time when companies are clamoring for workers while trying to navigate a treacherous economy, no state is meeting their needs more effectively than North Carolina. The Tar Heel State is America’s Top State for Business in CNBC’s annual competitiveness study.”
CNBC notes that a state repeating at No. 1 is “a rare feat” and gives Greensboro a mention in the article.
The article states, “In 2023 alone, the state has amassed a trophy case full of economic development wins, ranging from a $130 million investment by Bosch to expand its power tool manufacturing facility in Lincolnton, to a $458 million biomanufacturing facility to be built in Greensboro by cellular therapeutics company ProKidney, and even a $58 million turkey production facility in Goldsboro by poultry breeder Select Genetics.”
In a press release celebrating the news President Pro Tem of the state Senate, Sen. Phil Berger (R-Rockingham) said, “Over the past year, this legislature has worked to keep North Carolina the best in the country for business. We’ve overcome partisan obstructionism, regional competition, and economic uncertainty, and have confirmed that our state’s reputation and economy are stronger than ever. Republicans had a vision and a plan when we won control of the General Assembly back in 2010, and improving our state’s business climate was a big part of that. It’s rewarding to see North Carolina prevail over several other qualified contenders.”
North Carolina according to CNBC ranked first in work force and third in overall economy.
North Carolina and states that border North Carolina took the top four positions with Virginia ranked second, Tennessee third and Georgia fourth.
South Carolina was the only state bordering North Carolina that didn’t make it in the top four and it came in at No. 27.
Texas was No. 2 in 2022 and dropped to No. 6 in 2023.