CNBC Names North Carolina Top State for Business in 2025

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With a solid economy, a world-class workforce, and a wealth of corporate hospitality, North Carolina is America’s Top State for Business in 2025.

The Tar Heel State is on a roll. It captured top honors in the annual CNBC rankings in 2022 and 2023, and it was runner-up in 2021 and 2024 — missing the top spot last year by just three points to Virginia, which slips this year to its lowest position among states since 2018.

North Carolina is not only winning the CNBC rankings, it’s also attracting a steady stream of new business.

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