CARSON CITY — Nevada ranks high on the U.S. Chamber of Commerce’s recently released “Enterprising States: Recovery and Renewal for the 21st Century” report.
“To be ranked first in export intensity growth and export growth among other Western states like Alaska, California, Hawaii, Oregon and Washington is a real point of pride for our state,” Gov. Brian Sandoval said in a statement.
The study focuses on what makes certain states attractive places to locate, relocate and expand in this uncertain economy; the unintended consequences of cutting certain items from a state budget; and what types of investments the public and private sectors can make now to improve the economy in the future.
“Ranking high on the U.S. Chamber list will help Nevada overcome negative perceptions that exist in the marketplace,” Michael Skaggs, executive director of the Nevada Commission on Economic Development, said in a statement. “For example, ranking third in Science Technology Engineering and Mathematics (STEM) job growth demonstrates that Nevada has a growing skilled workforce ready for businesses looking to relocate or expand in Nevada.”
Nevada’s place in the rankings:
• First in export intensity growth and export growth.
• Second in state and local tax burden and small business survival index.
• Third in STEM job growth.
• Fourth in business birth rate, business tax climate and job placement efficiency.
• Fifth in entrepreneurial activity.
• Ninth in long-term job growth, gross state product growth and growth in share of national exports
“Signs of increased economic activity are beginning to emerge,” Sandoval said. “Having the U.S. Chamber of Commerce recognize the variety of areas where Nevada excels bodes well for getting Nevadans back to work, attracting new businesses to the state, growing existing businesses and fulfilling opportunities to bring Nevada into its new economic reality.”
The entire report can be found online at www.uschamber.com/sites/default/files/reports/ES2011-full-doc-web.pdf.