Nevada Business Owners Bullish (or At Least Neutral) on State Economy

Posted on by & filed under Nevada by the Numbers Blog.

Nevada State Bank recently conducted a statewide survey of more than 400 Nevadans who own, operate or manage small businesses. They talked to people who run businesses that generate annual revenues of $500,000 to $5.5 million.

Those who say the local business environment has improved over the past 12 months outnumber those saying it has gotten worse by a 2-to-1 ratio. And those who expect business conditions to improve over the next 12 months outnumber those who expect conditions to get worse by nearly 4-to-1. That said, 45% of those surveyed expect Nevada’s economy to stay the same over the next year.

As for the margin tax, a frequent topic here on Nevada by the Numbers, only 1 in 3 respondents said they were familiar with IP1 aka The Education Initiative. Yet, an overwhelming 74.7% said they consider the margin tax to be a bad idea.

Read the whole survey.