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News & Observer; Study will add fuel to political debate on NC business climate

Monday, 18 June 2012

With North Carolina’s business climate a hot topic in the governor’s race, there is a new survey that gives the state so-so grades for its climate for small businesses.

The survey was conducted by Thumbtack.com of San Francisco in partnership with the Kauffman Foundation. It interviewed 6,000 small-business owners across the country. Unlike groups that have an agenda, like the Tax Foundation, an anti-tax group, Thumbtack says it’s not aligned with any particular cause.

The survey found that North Carolina ranked 26th in overall small-business friendliness with Thumbtack giving it a grade of C plus. North Carolina was ranked 27th in the ease of starting a small business, giving a grade of C. It was graded 10th in the cost of hiring a new employee, giving it a grade of A minus. It was ranked 31st in regulatory friendliness, giving it a record a grade of C minus. It was ranked 27th in friendless of health and safety regulations or grade C. It was ranked 38th in friendliness of employment, labor and hiring regulations or a grade of D.

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(Source: News & Observer, 6/18/12, “Study will add fuel to political debate on NC business climate,” by Rob Christensen)