North Carolina may have lost out on the NCAA championships, the NBA 
All-Star Game and Bruce Springsteen thanks to its hotly contested 
transgender bathroom law, but the state’s economy didn’t miss a beat.

Economic indicators released for 2016 show that the boycott has failed to 
derail North Carolina as a regional and national powerhouse, despite the 
loss of high-profile performances and sporting events in response to House 
Bill 2, signed March 23 by then-Gov. Pat McCrory.

Tourism has thrived: Hotel occupancy, room rates and demand for rooms set 
records in 2016, according to the year-end hotel lodging report issued last 
week by VisitNC, part of the Economic Development Partnership of North 
Carolina.


*------------------------------*

Meanwhile, North Carolina ranked fourth in the nation for attracting and 
expanding businesses with the arrival of 289 major projects, and seventh in 
projects per capita — the same as in 2015, according to Site Selection 
magazine, which released its 2016 rankings in the March edition.

North Carolina finished first for drawing corporate facilities in the 
eight-state South Atlantic region, said Site Selection, which uses figures 
tracked by the Conway Projects Database.

And in November, both Forbes and Site Selection magazine ranked North 
Carolina the No. 2 state for business climate.

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