Nebraska is a great place to live,
work, play and grow a business. We have a great work
ethic, one of the best quality of life rankings in America,
an overall cost of living that ranks below the national
average, a fine educational system, some of the nation’s
shortest commuting times, a strong and healthy economy,
and a business-friendly atmosphere.
Nebraska’s economy revolves around its agriculture
industry. About 96% of the state’s land –
some 46 million acres – is farm and ranch land,
most of it privately owned. Producers have taken advantage
of the state’s fertile soil, abundant water, intensive
cultivation and advanced farming methods to produce
record-high crop yields in recent years.
Although agriculture dominates Nebraska’s economy,
more of Nebraska’s income has come from other
industries in recent years. Manufacturing, which employed
more than 117,000 workers in 2001, is a major employer
among non-farm industries, with most manufacturing sites
located in the state’s large urban areas. Douglas,
Lancaster, Hall and Platte counties employ more than
61,000 workers in manufacturing. Food processing is
the leading type of manufacturing, followed by industrial
machinery and electronic equipment.
The service sector, which includes health services and
business services, generates the most earnings in Nebraska.
Government ranks second in earnings generated, while
manufacturing is third. The service sector also employs
more workers than any other industry.
Five Nebraska-based businesses are in the Fortune 500,
Fortune magazine’s annual list of the largest
industrial and service corporations in the US-based
on revenue. Many other Fortune 500 companies, including
IBP and First Data Resources Inc, have major operations
in Nebraska. First Data, a provider of financial transaction
processing services, has headquarters in Greenwood Village,
Colorado, and several operating units based in Omaha.
Wal-Mart is Nebraska’s largest private-sector
employer.
For more information, contact:
State of Nebraska Department
of Economic Development
PO Box 94666 - 301 Centennial Mall South
Lincoln, NE 68509-4666 USA
Tel:
+1 402 471-3441
Website:
www.neded.org
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