The Truth is Powerful
By putting partisanship aside, North Carolina ranks No. 1 in America’s Top States for Business, with the nation’s strongest economy
Powered by an economy that has hit its stride, and turbocharged by a long track record of innovation, North Carolina is America’s Top State for Business in 2022 .
The Tar Heel State has always been a contender in CNBC’s annual competitiveness rankings, rarely finishing outside the top 10 since the study began in 2007. The state finished a close second last year . But 2022 is the first year it has been able to climb to the top.
What made the difference this year? For one thing, state leaders keep managing to put aside their very deep political divisions to boost business and the economy.
North Carolina Governor Roy Cooper speaks to the crowd during an election night event for Democratic Senate candidate Cheri Beasley on May 17, 2022 in Raleigh, North Carolina.
Sean Rayford | Getty ImagesWhen Democratic Gov. Roy Cooper signed a deal in March with Vietnamese electric vehicle manufacturer VinFast to build a $2 billion factory in the state, State Senate President Phil Berger and House Speaker Tim Moore, both Republicans, were close at hand. The three had worked together, across party lines, to craft a $1.2 billion incentive package sealing the deal.“VinFast’s commitment to North Carolina solidifies […]