South Carolina Ranked #1 for Best State for Manufacturing in the U.S. in 2023
South Carolina has been ranked as the best state for manufacturing in 2023 for the second consecutive year by Site Selection Group, LLC.
The ranking is based on factors such as workforce alignment, operating costs and geographic positioning, with South Carolina scoring ahead of North Carolina and Tennessee.
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Weighting system
Category | Weighting | Key Variables |
Workforce & Market Alignment | 50% | Labor Scalability (Population, Workforce, Growth, Unemployment)Target Demographics (Age, Income, Education, Socio-Economic Status aligned with Manufacturing)Target Occupational Presence (Presence of Target Occupational Clusters, focusing on Production, Logistics, Maintenance and Engineering Requirements)Target Occupational Demand (Competition and Hiring Pressure)Organized Labor Climate |
Operating Costs | 25% | Wage/Salary Levels for Target Occupational RequirementsBroader Coast of Living and Income MetricsTax ClimateUtility CostsReal Estate Costs |
Geographic Positioning | 25% | General Population/Consumer Access (This factor can be very client-specific)Modal Access (Air, Port, Rail, Intermodal) |
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