NC Hits #2 in Biz Climate

North Carolina's business climate has boosted the Tar Heel state to the second-best ranking in the United States, according to a newly published survey of 543 CEOs conducted by Chief Executive magazine.

The fifth annual survey by the magazine moved North Carolina up from third place last year and fourth place in 2007. Texas topped the rankings in the "Best & Worst States" survey for the fourth consecutive year. South Carolina came in ninth and Georgia fourth.

CEOs were asked to rank states based on taxation and regulation, workforce quality and living environment.

"Texas and the Carolinas are great for business," said one CEO in the survey. "South Carolina's Research Authority is exemplary in terms of creating new economic growth and Texas is strategically centered, has low taxes, and outstanding demographics."

In the nine categories ranked, North Carolina scored especially well for the quality of its workforce (third) and for its business friendliness and access to capital (10th-place rankings in both categories).

The rankings:

  • Workforce, 3
  • Access to Capital, 10
  • Business Friendliness, 10
  • Transportation, 15
  • Technology & Innovation, 18
  • Cost of Business, 22
  • Economy, 23
  • Education, 27
  • Quality of Life, 38

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Thu, 03/19/2009 - 04:00