N.C. is consistently ranked among the best business climates in the U.S.

North Carolina is continually recognized as a place where businesses Thrive.

North Carolina is consistently recognized for its outstanding business climate and quality of life. Just more proof that businesses and people really do Thrive in North Carolina®. Here are some of our notable accolades:


No. 1 Most Competitive StateSite Selection magazine, May 2015
No. 3 Best Business ClimateSite Selection magazine, November 2014
No. 5 Most Competitive StateSite Selection magazine, May 2014
The Business Journals 
No. 2 Most Cost-Efficient for Manufacturing—AIER study, The Business Journals, July 2011
No. 8 Venture Capital InvestmentsThe Business Journals, August 2011
Chief Executive 
No. 3 Best State for Business—by CEOs, Chief Executive magazine, May 2015
 No. 4 Best State for Business—by CEOs, Chief Executive magazine, June 2014

Ranked No. 2 Best State for Business Forbes magazine, October 2015

Ranked No. 3 Best State for BusinessForbes magazine, November 2014

Ranked No. 4 Best State for BusinessForbes magazine, September 2013

Ranked No. 2 Best Business CostsForbes magazine, September 2013

Area Development - Site and Facility Planning ONLINE 
2014 Silver Shovel Award WinnerArea Development magazine, August 2014
2013 Silver Shovel Award WinnerArea Development magazine, May 2013
Ernst and Young 
No. 3 Lowest State & Local Tax Burden on Business—Council on State Taxation and Ernst & Young, August 2014
Additional Accolades
2013 CiCi Awards—Two North Carolina economic development projects won Community Impact awards (Deere-Hitachi and Hospira), Trade and Industry Development magazine, March 2013
No. 3 Nationally
Annual In-Migration to States
—United Van Lines,
January 2014