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GOED reports fewer Q1 wins and jobs; board presses for accountability and a summer state-plan refresh

Nevada Governor's Office of Economic Development · May 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

GOED reported 10 Q1 wins, lower projected near-term job counts but a higher weighted average wage; board members pressed staff on accountability for company projections and Burns said the state plan will be refreshed over the summer with proposals returned in August.

Steve Sheets, GOED research manager, presented first-quarter metrics showing 10 wins for the quarter, 151 jobs committed within two years and 261 buildout jobs in five years — metrics that both the executive team and several board members characterized as down from the prior period. Sheets told the board the weighted average hourly wage for the assisted wins was $33.61, up from $28.72 in the comparable period last year, and that assisted companies committed roughly $84.3 million in investment for the quarter.

Board member Deborah Jacob said she was "disappointed in the performance," asking what the agency would do to reverse the trend and…

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