Trends in Western State Business Incentives

States have been faced with high levels of unemployment, an increased demand for safety net services and a shrinking revenue base since the Great Recession began. Although the past year  has brought some improvements, the number one question on state policymakers’ minds continues to be this: What can we do to encourage job growth?  Traditionally, a key policy lever for development and job creation strategies was—and remains—tax and financial incentive programs designed to encourage new firms to start up or existing  firms to grow or relocate.

This report takes a look at trends in the type and number of incentive programs being used by states in the West, along with a brief review of economic trends, including an evaluation of trends in employment, unemployment and gross domestic product. A profile for each of the 13 Western states also is provided, highlighting successful incentive and development programs, oversight and accountability measures, and recent legislative activity.

The descriptive information included in each state profile was gathered from a review of state economic development agency and division websites and a survey of agency staff.
 
 
State Reports:
 

Trends in Western State Business Incentives

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CSG West