North Carolina: America's Top State for Business in 2023

North Carolina has been named America's Top State for Business for the second consecutive year in CNBC's annual competitiveness study. The state's strong workforce, booming economy, and successful economic development wins, including major investments by companies like Bosch and Apple, have contributed to its top ranking. However, political tensions surrounding issues like public education and reproductive rights, as well as challenges in healthcare and rising crime rates, pose potential long-term problems for the state's business climate. Virginia, Tennessee, Georgia, and Minnesota rounded out the top five states in the rankings.