North Carolina Ranked 3rd as Best State for Business by Forbes Magazine

Forbes magazine ranks North Carolina third in its annual ranking of best states for business, unchanged from last year.

The magazine evaluates costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life in making the rankings.

The top three states didn’t change from last year. The magazine ranks Utah No. 1 and Virginia No. 2. North Dakota rose to fourth this year from No. 11 in 2010.

Georgia is No. 11, down from eighth in 2010. Rankings for other Southeastern states: Tennessee is 21st; Florida 24th; South Carolina 28th; and Alabama 37th.
Courtesy of Triangle Business Journal and Forbes Magazine

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