Nevada is the 8th Best State for Business 2014

J.P. Donlon

J.P. Donlon

Recent investments by companies such as Apple, SolarCity and eBay have helped turn the state in the right business-friendly direction. Adding to the progress is a congressional push toward building out Interstate 11, to create a superhighway from Phoenix to Nevada.

Previous State: Arizona Next State: Louisiana

No. 08 Nevada

Taxations & Regulations

Workforce Quality

Living Environment

Key Metrics
State GDP 

  • % Growth ’12-’13: 1.0
  • % Growth ’11-’12 v. Nat’l Avg. (2.5%): -1

Unemployment

  • Unemployment Rate Dec. 2013 %: 8.8
  • Comparison with Nat’l Rate (6.70%): 2.1

Domestic Migration

  • Domestic Net Migration 2013: 12,854
  • Rank: 10

State Government

  • State Debt per Capita Fiscal Year ’13 ($): 1,434
  • State & Local Gov’t Employees per 10k Residents: 431.9

State-Local Tax Burden

  • Rate (%): 8.2%
  • Compared to Nat’l Avg. (9.9%): -1.63%
Key Companies
  • Wynn Resorts, Limited
  • Southwest Gas Corporation
  • MGM Resorts
  • Las Vegas Sands
  • NV Energy
Development Trend Indicator: Negative
Relative job growth slides as education-funding initiative threatens progress.


Based on CEO Survey by ChiefExecutive.net

Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation


J.P. Donlon

J.P. Donlon

J.P. Donlon is Editor Emeritus of Chief Executive magazine.

  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry

    • upcoming events

    SUBSCRIBE TO THE CEO BRIEFING

    In our weekly newsletter, get insight into the biggest issues facing CEOs, along with strategic ideas, solutions, and interviews.

    GET IN TOUCH

    Facebook Twitter Linkedin
    Chief Executive Group

    Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.

    Publications

    Communities

    About