October 22, 2010

North Carolina Ranks 3rd in 2010 Forbes The Best States For Business And Careers

Utah tops our fifth annual ranking, knocking longtime leader Virginia from the top spot.

When voters in 37 states select their governors next month, the overriding issue will be, of course, the economy.

A recent CBS News poll found that 54% of adults think the economy and jobs are the most important problem the U.S. is facing today. Health care ranked a distant second, with 7% of the tally. Almost every state experienced decreased output, a loss of jobs and budget shortfalls during the economic downturn. Nationwide employment has declined by 7 million jobs over the past two years while gross domestic product growth has been sluggish this year after a 2.6% drop in 2009. No state has emerged unscathed.

But some areas are doing better than others, and for many of them, it isn't an accident. Who's doing the best job when it comes to fostering growth? Utah, according to our fifth annual look at the Best States for Business. The Beehive State captured the top spot in our rankings for the first time, after a four-year run by Virginia at the head of the list...

Our former No. 1-ranked state, Virginia, falls to No. 2 this year. Virginia still boasts a very favorable business climate, with an educated labor supply and solid economic growth. But Virginia's business costs (namely labor and energy) have crept up, which allowed Utah to leapfrog it. Rounding out the top five are No. 3 North Carolina, No. 4 Colorado and fifth-ranked Washington...

Read the full artile
here.

On a micro level, here is look at individual NC cities that made the top 100 cities for Business and Careers as shown in their April 2010 review:

NC City Rankings:
03. Raleigh
17. Charlotte
23. Durham
32. Wilmington
51. Winston-Salem
90. Greensboro

You can look at this years Forbes results
here and compare them to last years rankings. To view the Best Small Metros (inlcluding Greenville at 24) go here.
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