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Nevada ranks No. 36 on Forbes list of best states for business
Las Vegas Sun ^ | 25 November 2011 9:20 a.m. | By Steve Green

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 ...


TOPICS: Business/Economy; US: Nevada
KEYWORDS: business; forbes; nevada

1 posted on 11/26/2011 8:00:00 AM PST by redreno
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To: redreno

Obama and Marble Mouth Harry Reid have done wonders for 36th place Nevada.

They have kept the state from being in 57th place.


2 posted on 11/26/2011 8:05:34 AM PST by Iron Munro (Ben Raines For President)
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To: redreno

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.


3 posted on 11/26/2011 8:14:54 AM PST by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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To: redreno
They could have written a better headline:

Nevada ranks No. 14 on Forbes list of WORST states for business


4 posted on 11/26/2011 8:18:51 AM PST by ProtectOurFreedom
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To: redreno
They could have written a better headline:

Nevada ranks No. 14 on Forbes list of WORST states for business


5 posted on 11/26/2011 8:19:08 AM PST by ProtectOurFreedom
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To: redreno
Topping the Forbes list overall is neighboring Utah, which compared to Nevada is known for having a more diverse economy, a more stable tax structure and for its investments in higher education.

Hmm...Huntsman gets credit for this?

6 posted on 11/26/2011 9:01:25 AM PST by Aria ( "If we ever forget that we're one nation under God, then we will be a nation gone under.")
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To: Beelzebubba
This makes no sense.

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.

7 posted on 11/26/2011 9:32:19 AM PST by Jeff Chandler (You're it.)
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To: redreno
Nevada ranks 36th overall and came in dead last in the subcategory of “economic climate,”

Are you telling me that Connecticut did better in the 'economic climate' subcategory??

8 posted on 11/26/2011 10:59:56 AM PST by ExCTCitizen (Cain/West 2012....what would the RACISTS LIBERALS say???)
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