39. Nevada

Infrastructure is a bright spot in the Silver State, but the nation’s worst schools badly tarnish the business climate.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 222 41 23 (Tie)
Infrastructure 213 8 11
Cost of Doing Business 212 18 22
Economy 201 10 (Tie) 37
Quality of Life 132 34 41
Technology & Innovation 37 50 42
Education 28 50 50
Business Friendliness 94 18 23 (Tie)
Access to Capital 45 26 44
Cost of Living 15 36 33
Overall 1199 39 40

Economic Profile

Governor: Brian Sandoval, Republican

Population: 2,940,058

GDP growth (Q4 2016): 1.9 percent

Unemployment rate (May 2017): 4.7 percent

Top corporate tax rate: None (levies a gross receipts tax)

Top individual income tax rate: None

Gasoline tax: 33.52 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa2, AA stable

Major private employers: Wynn Las Vegas, Las Vegas Sands

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

Latest Special Reports

  • In this ever increasing volatile world only leaders who can manage fast change can survive and prosper.

  • A look at 50 private companies set to reshape the business landscape.

  • Innovative female entrepreneur examining prototype

    In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future.