Battered by weeks of criticism over HB2, which has diverted hundreds of jobs and millions of dollars in revenue to other states in protest, Gov. Pat McCrory on Monday was quick to announce some good economic news.
North Carolina and Texas have tied for first place in a national ranking of business competitiveness.
The designation comes from the publication of a business management and consulting company based in Georgia. It ranked a top 10 of states according to criteria that measure corporate project activity and the attractiveness of business climate.
Site Selection Magazine didn’t ignore the fallout from HB2, which has drawn public admonishments from the leaders of close to 200 companies, including major corporations. It notes that Texas is dealing with job losses from the energy sector downturn and North Carolina is dealing with a business backlash.
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“But if any territories are built to withstand such storms, these two are,” the magazine says.
North Carolina is bolstered by a triple-A bond rating and what it says are record venture capital investments.
Site Selection’s parent company, Conway Data, tracks new facilities and expansions that involve a capital investment of at least $1 million, creates at least 20 jobs, or adds at least 20,000 square feet of new floor area.
McCroy touted the designation in a news release distributed Monday by his office and by his commerce secretary. McCrory is running for re-election on an improved state economy.