Whats New?

North Carolina ranks 2nd in Best States for Business despite its controversial bill

I recently read an article stating that under Donald Trump’s Presidency, the nation will look alot like North Carolina, i.e. the economy will improve, but controversial / discriminatory bills will be norm.  Why I cannot say I believe it, it is interesting when you consider the possibilities.

 In the latest Forbes “Best States for Business” list, North Carolina came in 2nd for the second consecutive year, trailing Utah for the top spot.  In an interesting admission, Forbes “estimated that HB2 cost the state $630 million worth of economic activity” but left it’s overall rating as is citing “the $2.7 billion in foreign direct investment that the state attracted last year,” fueling high-tech growth.  In addition, because of it small union representation, business costs are extreme low for large corporations considering states to open locations.  In the six categories Forbes ranks each state, North Carolina finished in the follow places:

  1. Regulatory Environment:  7th
  2. Business Cost:  4th
  3. Labor Supply: 12th
  4. Economic Climate: 22nd
  5. Growth Prospects: 9th
  6. Quality of Life:  13th

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: