If Economic Development is Nevada's New Economy, What Does Nevada's New Future Look Like?

On January 19, 2012, Applied Analysis Principal Analyst Jeremy Aguero was the keynote speaker at the Nevada Development Authority's monthly breakfast meeting. Aguero's presentation, entitled If Economic Development is Nevada's New Economy, What Does Nevada's New Economy Look Like, reviewed the history of business development in southern Nevada and offered an alternative view of the region's economic development positioning. The analysis concluded that a more diversified economy in southern Nevada may have saved the region some pain during the past several years, but may have also limited its prosperity during the past two decades. While it is important the economy evolve over time, it is also critical that southern Nevada preserve and build on existing competitive advantages.

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