North Carolina #5 on Forbes list of “Best Places for Business”

North Carolina #5 on Forbes list of "Best Places for Business"

I moved my family to North Carolina in 1985 after reading Chamber of Commerce surveys on top areas in the country to live. 24 years later, Raleigh is still a top area in the country to live.

North Carolina ranks number 5 in Forbes magazine’s 11th annual ranking of the Best Places for Business and Careers.

Forbes bases its rankings on costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life.

North Carolina rates high for costs (No. 3), regulatory environment (No. 4) and quality of life (No. 3). It ranks No. 15 for labor, No. 16 for economic climate and No. 33 for growth prospects.

Raleigh grabbed the top spot for a third straight year on the strength of strong job growth (both past and projected), low business costs and a highly educated workforce.

Helping fuel Raleigh’s strong economy is the Research Triangle Park, one of the oldest and largest science parks in North America. RTP is located between Raleigh and Durham and is home to 170 companies employing 42,000 people.

One of the original 13 colonies is still one of the best places to live in the United States. Congratulations North Carolina!

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