N.C. slips a spot, Georgia soars in Forbes 'Best States for Business' survey
Forbes
Video
On The Web
Site Search
North Carolina is fourth and Georgia is fifth in the third annual “Best States for Business” survey from Forbes magazine.
Virginia ranks first for the third consecutive year.
North Carolina did drop one spot from the two previous surveys.
The survey measures six categories for the state rankings: economic climate, growth prospects, labor supply, regulatory environment, quality of life and business costs.
The Tar Heel state ranked best in regulatory environment (second) and lowest in quality of life (34th). In business costs, N.C. ranked fourth, in labor 14th, in economic climate 21st and growth prospects 11th.
Georgia climbed 10 spots in the rankings from one year ago.
Georgia’s best ranking was fifth in regulatory environment. It was sixth in growth prospects and labor, 10th in economic climate, 23rd in business costs and 31st in quality of life.
South Carolina, meanwhile, fell to 29th from 23rd in the 2007 survey.
Utah and Washington ranked second and third respectively.
Featured
Hot Off The Wire
- Hot Off the Wire – Man convicted in first economic espionage case; iPhone market share grows; Electronic Arts shares falter after revenue forecast; Phone company wants to charge Google
- FairPoint looks to cut debt by two thirds with bankruptcy plan
- Wake Tech lands $555,680 grant for STEM education program
