North Carolina Tops U.S. for Economic Growth in 2025

North Carolina is officially the best state in America for economic development in 2025, according to Business Facilities magazine.

The Tar Heel State earned top marks for its business climate, workforce opportunities, and infrastructure. This is the third time North Carolina has won the ranking in just six years, having previously topped the list in 2020 and 2022.

The numbers tell an impressive story. Last year brought more than 35,000 job commitments and $24 billion in capital investments from new and expanding companies. That's a record-breaking year for the state.

These aren't just big city wins either. The project announcements spanned 56 counties across North Carolina, touching communities in every corner of the state. Industries include aerospace, life sciences, advanced manufacturing, and supply chain operations.

Governor Josh Stein celebrated the achievement as proof that North Carolina is building an economy that works for everyone. "Last year, we had the best year in state history for job announcements and capital investments," he said.

Recent wins show the momentum continuing. JetZero chose Greensboro for its first commercial airplane manufacturing plant, bringing an expected 14,500 jobs and $4 billion in investment to Guilford County. Genentech is expanding in Wake County, and Vulcan Elements plans a rare-earth magnet facility in Johnston County.

Rural areas are seeing love too. An additional 5,000 jobs have been promised to rural communities, along with $12.5 billion in investments.

The Ripple Effect

This recognition reflects years of strategic planning paying off. North Carolina has invested heavily in workforce development programs, making sure residents have the skills companies need. Infrastructure improvements and site preparation have made it easier for businesses to set up shop and grow.

The collaborative approach between state government, local communities, and industry partners is creating a model other states are watching. When businesses succeed and expand, they create stable jobs that support families and strengthen communities.

Commerce Secretary Lee Lilley pointed to these partnerships as the foundation of the state's success. "Strategic investments in workforce development, infrastructure, and site readiness are helping businesses grow while creating good jobs across the state," he said.

Seven other Southern states joined North Carolina in the "opportunity-rich" category: Alabama, Florida, Georgia, Kentucky, Tennessee, Texas, and Virginia.

North Carolina's rise shows what's possible when states focus on long-term growth and invest in their people.