November 4, 2014

Study: N.C. Ranks No. 3 in Business Environment

N.C. Ranks No. 3 in Business Environment

Study: N.C. Ranks No. 3 in Business Environment

The state of North Carolina ranked No. 3 in business environment by Development Counselors International, a New York based firm that ranks national economic development. In a recent study more than 300 corporate executives gave their opinion on the cities, states and regions with the best climate for future business development. The top five states with the best overall business environment were:

  1. Texas
  2. Florida
  3. Georgia and North Carolina (tie)
  4. South Carolina
  5. Tennessee

News like this could influence business and political leaders to not only continue what North Carolina has been doing right to garner such praise, but to double down on key data points that appear to spur business growth and development. Many realtors know that a healthy economy often creates an equally healthy demand for more housing. Developers in Charlotte are rushing to build Uptown housing units, apartments, and luxury condos. Seasoned real estate brokers will take note of this growth spurt and position themselves for the ripple effect caused by this wave of economic development and growth.

The top five regional or community economic development groups ranked by “best in class” included:

  1. Kansas City Area Development Council
  2. Charlotte Regional Partnership, Columbus 2020 (tie)
  3. Greater Phoenix Economic Council
  4. Greater Houston partnership, Nashville Chamber of Commerce (tie)

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