The economic development coup of the early 21st century was won by Nevada in 2014 when it landed the $5 billion Tesla battery plant that promises up to 6,500 jobs over time. In a state that long has depended on boom-and-bust businesses such as mining and tourism, plopping the Tesla ‘gigafactory” down in the middle of the desert will ripple through the economic sands for decades.
2018 Gold Shovel Nevada
Nevada received the Area Development 2018 Gold Shovel Award (population < 3 million) in recognition of the state’s impressive economic development efforts to attract high-value investment and large job creating projects. Nevada was among five states receiving the Gold. This is the third time in the last 4 years that Nevada has won the “Gold”. (Gold awards received in 2015, 2016, and 2018). Click the link below to view the full report.
2018 #1 Leading Mid-Size Metro
Reno Metro Area was named the 2018 #1 Leading Mid-Size Metro and #4 in the Top 50 Metros by Area Development. This award speaks favorably to Reno Metro’s rankings in Year-Over-Year Growth, Five-Year Economic Growth, Economic Strength, and Prime Workforce. This multi-faceted comparison evaluated a total of 394 MSA’s and ranked them according to 21 economic and workforce indicators using data sets from: the Bureau of Labor Statistics, U.S. Census America n Community Survey, and Emsi. Click the link below to view the full report.