Nevada slips out of top 10 in state economic outlook ranking

Nevada Legislative Building
Image courtesy of the Nevada Legislature

(Chris Woodward) – Nevada fell out of the top-10 list in the latest “Rich States, Poor States” publication from American Legislative Exchange Council.

The Silver State was 10th last year and now sits 13th in the annual report from co-authors Arthur B. Laffer, Stephen Moore, and Jonathan Williams. Nevada is seventh when it comes to economic performance, the report found.

Despite the slip in outlook, Williams said Nevada has a very competitive overall economic environment by avoiding a personal income tax and being a “Right to Work” state. Nevada is tied for first place in both categories, according to the report.

“Both of those coming in at 48th with 50th being worst in those subcategories in the Rich States, Poor States rankings,” said Williams.

This is the 17th edition for the publication. Nevada ranked 6th in the 15th edition of Rich States, Poor States.

By

Chris Woodward | The Center Square