America's Top States For Business 2013

#12 North Carolina

Charlotte, North Carolina
Jeremy Woodhouse | Photodisc | Getty Images
Charlotte, North Carolina
2013 Rank
2012 Rank
Cost of Doing Business 216 32 21
Workforce 226 3 3
Quality of Life 137 30 26
Infrastructure & Transportation 181 31 11
Economy 246 13 31
Education 86 15 13
Technology & Innovation 215 10 9
Business Friendliness 132 18 8
Cost of Living 31 20 21
Access to Capital 18 15 18
Overall 1488 12 4


Governor: Pat McCrory (R)

Population: 9,752,073

GDP growth: 2.7 percent

Unemployment rate (May 2013): 8.8 percent

Top corporate rate: 6.9 percent

Top individual tax rate: 7.75 percent

Gasoline tax: 37.8 cents/gallon

Bond rating/outlook: Aaa/Stable (multiple)

Major private employers: Merrill Lynch & Co., Nortel Networks Corp., Wake Forest University Baptist Medical Center, Moses H. Cone Memorial Hospital, Mission Hospitals, Novant Health Forsyth Medical Center, Smithfield Packing Co. Inc.,US Airways, Vidant Medical Center, Babcock & Wilcox Co., Bank of America Corp, East Carolina University, Garinger Transportation, University of North Carolina Hospitals

Economic profile sources: American Petroleum Institute (April 2013), Bureau of Economic Analysis (2012), Bureau of Labor Statistics (May 2013 release), CareerOneStop, Moody's Investors Service (senior-most tax-backed ratings), National Governors Association, Tax Foundation (2013), U.S. Census Bureau (2012 estimate)

Top States For Business 2013

From the Governors


  • South Dakota is the winner of the annual "America's Top States for Business" study. CNBC's Scott Cohn reports on the state's economy and its stunning views.

  • CNBC's Scott Cohn reveals how other states fared when it came to their workforce, including a look at education level, retraining programs and union membership.

  • The cost of doing business was one of the key reasons the Mount Rushmore State captured the top ranking as the best state for business, reports CNBC's Scott Cohn.