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America's Top States For Business

#12 North Carolina

Charlotte, North Carolina
Jeremy Woodhouse | Photodisc | Getty Images
Charlotte, North Carolina
Category Score 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

ECONOMIC PROFILE

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)

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  • CNBC's senior correspondent and lead investigative reporter, Scott Cohn also appears on "NBC Nightly News with Brian Williams," the "Today" and on MSNBC.

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