Skip to comments.Nevada ranks No. 36 on Forbes list of best states for business
Posted on 11/26/2011 7:59:57 AM PST by redreno
In yet another wake-up call for Nevada policymakers, the state ranks in the bottom half of a new Forbes magazine list of the best states for business.
Nevada ranks 36th overall and came in dead last in the subcategory of economic climate, which measures job, income and gross state product growth. Other factors in the economic climate analysis include the unemployment rate and the number of big public and private companies headquartered in the state.
That said, Nevada ranked No. 2 on a separate Forbes list projecting employment gains, which is good news in a state enduring 13.4 percent unemployment after being hit particularly hard by the recession.
(Excerpt) Read more at vegasinc.com ...
Obama and Marble Mouth Harry Reid have done wonders for 36th place Nevada.
They have kept the state from being in 57th place.
This makes no sense. If I have a business considering relocation, I look for a state with lousy job and income growth, so I can find eager low cost labor. More importantly, I look for low taxes and regulation, and low real estate prices.
NV looks good.
Hmm...Huntsman gets credit for this?
It's all in how they rate things. Take "Quality of Life", for instance. Places with more cultural enrichment such as museums and art galleries rank higher. But those places also have higher taxes to pay for those things. Those are the kind of places I visit on vacation. The presence of illegal aliens also brings down the health and wealth statistics of an area.
Are you telling me that Connecticut did better in the 'economic climate' subcategory??