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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