A July report from CNBC ranked North Carolina No. 1 on its checklist of the very best states for enterprise.
The report took a number of elements into consideration, together with workforce, infrastructure and price of dwelling.
By CNBC’s metrics, North Carolina has the very best economic system of any state, coupled with a low unemployment fee (3.4 p.c). The state’s tax charges are additionally low, with a 2.5 p.c prime company tax fee and a 4.99 p.c prime particular person tax fee for a state with a inhabitants of greater than 10.5 million.
The state additionally ranked second in entry to capital and fifth in know-how and innovation. As well as, it ranked within the prime 20 for workforce, infrastructure and training.
Whereas North Carolina’s GDP noticed a decline of 1.4 p.c in contrast with the primary quarter of 2021, different financial indicators, coupled with excessive workforce and infrastructure rankings, have been sufficient to make up for the drop.