America's Top States for Business 2017

5. North Carolina

George Kavallines | CNBC
Category Score 2017 Rank 2016 Rank
Workforce3357 (Tie)9
Infrastructure18420 (Tie)30
Cost of Doing Business231918
Economy19115 (Tie)11
Quality of Life14628 (Tie)30
Technology & Innovation16867
Education863228
Business Friendliness1148 (Tie)15 (Tie)
Access to Capital819 (Tie)2 (Tie)
Cost of Living321918
[[link#104545209#Overall]]15685[[link#103602526#5]]

Economic Profile

Governor: Roy Cooper, Democrat

Population: 10,146,788

GDP growth (Q4 2016): 1.7 percent

Unemployment rate (May 2017): 4.5 percent

Top corporate tax rate: 3 percent

Top individual income tax rate: 5.499 percent

Gasoline tax: 34.55 cents/gallon

Bond rating/outlook (Moody's, S&P): Aaa, AAA stable

Major private employers: Wal-Mart, Bank of America

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

America's Top States for Business 2017
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