According to Chief Executive Magazine’s 4th Annual “Best & Worst States” survey, North Carolina is the #3 state to do business; coming in behind Texas & Nevada primarily due to their lack of a state income tax.
Michigan, California and New York were listed as the worst 3 states for business due to the struggling auto industry, and high regulation respectively.
605 top executives were asked to grade each state based on the following: 1) Taxation & Regulation, 2) Workforce Quality and 3) Living Environment. Some of the criteria included: proximity to resources, state regulations, tax policies, quality of education, quality of life and infrastructure.
North Carolina got "B+" for Taxation & Regulation and Workforce Quality and "A-" for Living Environment.
Complete results of the survey go to
