No. 49: Nevada (No. 41 in 2017)
Number Of Solution Provider 500 Companies: One
Nevada's ranking in this year's Best States study suffered from its No. 49 rank in state infrastructure, No. 48 in personal cost of living and quality of life (the state was No. 48 for violent crimes), and No. 46 in workforce education and experience. On the latter, CNBC scored the Silver State last among all states for education in its America's Top States for Business 2018 and nearly 73.9 percent of its workforce lacks a four-year college degree.
On the tax and regulation front, Nevada was ranked a relatively poor No. 39 in this study: While Nevada has no personal or corporate income tax (it does impose a "gross receipts" tax on businesses), high sales/local and unemployment taxes hurt the state's ranking.
Nevada was ranked No. 33 for entrepreneurship and innovation and No. 31 for business climate and competitive environment– the latter despite robust 3.5 percent GDP growth in 2017.