North Carolina is No. 1 again in the annual Site Selection magazine’s best state business climate survey.
Georgia and South Carolina also cracked the top 10.
North Carolina received 48 points to oust Texas (52) from the No. 1 position. Texas had finishedf ahead of North Carolina in the 2004 survey.
Georgia ranked third with 54 points. South Carolina was 10th with 88th.
The magazine considers a variety of factors in determining business climate rankings. Among the information categories is a survey of executives, which counts for 50 percent of the final score. In that section, Georgia ranked second behind Texas; North Carolina was third and South Carolina was fifth.
“North Carolina has maintained this No. 1 ranking for four out of the last five years,” said North Carolina Governor Easley in a statement. “It is further proof that our aggressive economic development efforts are working. Our investments in infrastructure, education and workforce training continue to meet and exceed the needs of companies that choose to locate and expand in our state.”
Site Selection magazine cited North Carolina’s “workhorse incentives” such as tax breaks that are designed to lure jobs to the state as one of the reasons for the state’s top ranking.
For details, see: www.siteselection.com