SC Ranks 19th in CNBC Best States for Business Rankings

In the 2024 version of CNBC’s annual America’s Top States for Business Rankings, South Carolina ranked 19th overall. Since being ranked 39th overall in 2021, South Carolina has improved its ranking by 20 spots with a 36th overall ranking in 2022, a 27th overall ranking in in 2023, and this year’s 19th overall ranking. The rankings measure each state on 128 metrics in 10 key categories of competitiveness like infrastructure, workforce, economy, quality of life, etc.

The categories in which South Carolina excels include infrastructure (11th), economy (12th), and cost of doing business (10th). The state also made tremendous improvements in its workforce rankings, jumping from a ranking of 31st in 2023 to 17th in 2024.

More information on South Carolina’s performance in this year’s CNBC rankings can be found here and here.