2014 Best & Worst States

Nevada is the 8th Best State for Business 2014

J.P. Donlon

May 8, 2014

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 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

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Nevada is the 8th Best State for Business 2014

No. 08 Nevada

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