KTVN Channel 2 - Reno Tahoe News Weather, Video - Economist says Nevada Will Recover Starting Next Year
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A regional economist predicts Nevada will begin to recover from the recession next year and in the meantime should consider "cherry picking" businesses from California.
Speaking to a business group in Minden on Tuesday, Jeff Thredgold said California's economy and high taxes is stifling small businesses, many of which would welcome a new place to locate.
He says Nevada should focus on industries such as technology and alternative energy, already a focus of northern Nevada development agencies.
Thredgold also had advice for young people to stay in school and go to college.
He says education is valued more today than ever before.
The kind of degree, he says, is less relevant. Having a degree is what counts.
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Information from: Reno Gazette-Journal, http://www.rgj.com
(Copyright 2009 by The Associated Press. All Rights Reserved.)
