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North Carolina Score and Ranking
| CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
|---|---|---|---|---|
| WORKFORCE | 291 | 1 | 12 | A+ |
| INFRASTRUCTURE | 224 | 16 | 17 | B |
| ECONOMY | 310 | 3 | 1 | A |
| LIFE, HEALTH & INCLUSION | 149 | 34 | 28 | D+ |
| COST OF DOING BUSINESS | 179 | 18 | 26 | B+ |
| TECHNOLOGY & INNOVATION | 202 | 6 | 5 | A- |
| BUSINESS FRIENDLINESS | 127 | 10 | 22 | B+ |
| EDUCATION | 83 | 7 | 14 | A- |
| ACCESS TO CAPITAL | 39 | 6 | 2 | B+ |
| COST OF LIVING | 24 | 27 | 22 | C |
| OVERALL | 1628 | 1 | 1 |
Economic Profile
Governor: Roy Cooper, Democrat
Population: 10,698,973
GDP growth (Q1 2023): 1%
Unemployment rate (May 2023): 3.40%
Top corporate tax rate: 2.50%
Top individual income tax rate: 4.75%
Gasoline tax: 57.15 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/AAA, Stable
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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
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