Nevada’s Economy: The Nevada Economy Shows Renewed Strength

Nevada's Economy- The Nevada Economy Shows Renewed Strength
Nevada economic activity accelerated sharply in 2012. After posting job losses of 79.9 thousand, 86.7 thousand and 8.5 thousand in 2008, 2009, and 2010, respectively, the Nevada economy created just 11.2 thousand jobs in 2011. According to recently revised data, the Nevada economy created 29.3 thousand jobs for a 2.6 percent growth rate in 2012. That rate of growth put Nevada well ahead of the U.S. figure of 1.7 percent for 2012 and in fourth place among the states for the fastest rate of employment growth in the U.S., behind North Dakota, Utah and Texas.

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