Nevada is the 8th Best State for Business 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 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 is Editor Emeritus of Chief Executive magazine.

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J.P. Donlon

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