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| Other
Highlights |
| North
Carolina |
• |
From
2001-03, NC had the 8th most corporate expansions and new
facilities in the US and the most in the SE region. |
• |
In
2002-03, Site Selection Magazine applauded several NC initiatives
(e.g., the State Ports Credit, Qualified Business Venture
Credit extension, and Economic Stimulus and Job Creation
Act) (Source: Site Selection Magazine). |
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In
2004, the Tax Foundation ranked NC 30th in the US and 8th
in the SE region in business tax climate, an index measuring
each state tax system (i.e., corporate and individual income
taxes, sales tax, unemployment insurance tax and state
fiscal balance). In contrast, a Council on State Taxation/Ernst & Young
study concluded that, as of 2004, NC (along with Delaware)
had the lowest effective state and local business tax rate
as a percent of private sector GSP. |
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| • |
In
2004, the Beacon Hill Institute (Suffolk University) ranked
NC 26th in the nation and 3rd in the SE region in its ability
to attract business and generate income. |
| Other |
| • |
In 2002,
only 3.2% of NC's employees were union members, the lowest
percentage in the US (Source: Bureau of Labor Statistics). |
| Southeast
Region |
| National |
| Global |
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