According To CEOs, Nevada Is "Ninth Best State For Business"

May 11, 2016

Credit Chief Executive Magazine

Nevada ranks ninth overall for being business-friendly. That's according to a newly published survey of CEOs. Reno Public Radio’s Noah Glick has more.

For the 12th year in a row, Chief Executive Magazine surveyed CEOs from across the country to determine which states they find to be most friendly for businesses. J.P. Donlan is with the magazine and he says Nevada scored high, partly because…

“Nevada is pleasantly situated in being near California. And because California gets consistently low marks for the way it treats business," he says. "Google and Intel are not going to leave California, but they’re not expanding there. They’re expanding in places like Nevada and Arizona.”

The survey showed that Nevada did well on metrics like taxation and regulation. 

“We’ve noticed that Nevada has steadily improved, year by year, and getting its tax and regulatory regime to be much more congenial," he says. "And we expect that to continue.”

But Donlan says there’s more to it.

“It also is situating itself as a place for high-tech investment.”

Donlan says that while the study isn’t scientific, it does show which areas business leaders view as favorable for development. Nevada’s ranking is down from eighth place in last year’s survey.