“North Carolina hit a new level for business attraction and retention over the past 12 months, and our ranking of the state for Best Business Climate recognizes what an increasing number of companies have recognized by locating or expanding there,” BF Editorial Director, Anne Cosgrove said.
Virginia, Utah, Texas, and Tennessee round out the top five, respectively, in the Annual Rankings Report for States with Best Business Climate.
In 2021, North Carolina stood out in BF’s Annual Rankings Report—capturing second place in the Best Business Climate category. “The state’s move to the top of the leaderboard this year is a recognition of the success of a broad-based economic development approach from teams across the state,” added Cosgrove. “This ranking also looks beyond the sheer numbers, evaluating diversity of growth sectors, incentives, workforce development and training, and education partnerships.”
Provided by Business Facilities’ 2022 State Rankings Report
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