CNBC has named North Carolina as America’s Top State for Business in 2023 for the second year in a row.

The CNBC study looks at 86 metrics in ten categories of competitiveness. North Carolina ranked #1 in workforce and highly in the economy, technology and innovation, and access to capital categories. This is the second year in a row that CNBC has named North Carolina as America’s top state for business and only the second time in the ranking’s history that a state has received the top spot two years in a row. Since 2017, North Carolina has placed in the top five of state rankings four times.

Read the full press release here.