For the third time in four years, Tar Heel is picking the annual crown of CNBC “The Best American Business”.
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- North Carolina state
- Texas
- Florida
- Virginia
- Ohio
- Michigan
- Georgia
- Tenisi
- Indiana
- Minnesota
The strong economy, the skilled workforce, and the business -friendly environment represent the other 2025 years successful for Nortaq Carolina. In addition to this success, companies such as Jetzero and Amazon make significant investments in the state, generating thousands of jobs and stimulating economic growth.
Texas followed the runner -up, with a higher -rated workforce, but it struggles with the quality of life issues. Florida ranked third, as it advanced in the “economy” category for the third year, but it faces high costs due to the insurance crisis. Virginia fell to fourth place, is still a force in education and infrastructure, while facing challenges due to federal budget discounts. Ohio collected the best 5, and Massachusetts spent a great return as the “most improved country” for this year.
Lower
The states at the bottom include the CNBC Louisiana rating, Rod Island, Montana, Hawaii and Alaska. Louisiana faces weaknesses due to federal budget discounts, while Rhod Island struggles with highly unrealistic business costs and regulations. Montana has the worst workforce, Hawaii suffers from high business and living costs, and Alaska’s economy depends greatly on oil, which has decreased.
While North Carolina excels in attracting business, the state still faces challenges in certain areas. Despite the third rank in the “Economy” category, behind Florida and Texas, and is characterized by the growth of impressive gross domestic product and job creation, the “quality of life” classification in the state is relatively low. Fears include limited protection for workers and lack of discrimination laws. In addition, the intense dependence on North Carolina on international trade makes it exposed to the effects of customs tariffs, as evidenced by the decrease in traffic in the port.
methodology
CNBC occupied the United States in 10 regions, and the assignment of different percentage weights for each.
The economy (17.8 %) considers the gross domestic product, job growth, financial conditions, real estate market health, corporate presence, entrepreneurship activity, customs tariff risks, relying on federal spending, and new survival rates.
Infrastructure (16.2 %) focuses on transportation systems (air, water, road, railways), electrical networks, waterfall/wastewater, broadband connection, computing power, market access, site preparation, and flexibility of climate change.
The workforce (13.4 %) evaluates the focus of workers, educational achievement, talent attractiveness, workers’ training programs, right laws, and productivity.
The cost of doing business (11.8 %) checks the tax climate, wage costs/facilities, office costs/industrial, property insurance expenses, and business incentives.
Business friendly (10.8 %) holds the legal and regulatory environment, a climate of responsibility, land use regulations, and hospitality towards emerging industries.
Life quality (10.6 %) is crime rates, environmental quality, health care, access to childcare, workers’ protection, inclusiveness and reproductive rights.
Technology and innovation (10.2 %) measures patent activity, granting research, state support for research and development, the presence of semiconductor industry, and artificial intelligence development.
Education (4.4 %) of K-12 and Higher Education, HBCUS, and total/vocational education systems.
Finally, access to capital and cost of living are considered, both of which carry a 2.4 % weight.
