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North Carolina ranked seventh in the nation for economic freedom, according to a new report from the Fraser Institute.

The state's ranking has improved from 19th in 2011 due to reductions in taxes, regulations, and government spending.

States with higher economic freedom have shown faster growth in population, employment, and income.

The report suggests a positive link between economic freedom and social mobility for those in lower socioeconomic households.

RALEIGH — North Carolina isn’t quite First in Freedom. But over the past decade and a half, we’ve taken tremendous strides in the right direction.

Those are among the findings of the latest Economic Freedom of North America index, published earlier this month by the Canada-based Fraser Institute.

The new repor

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