By Nevada Policy Staff The constant barrage of news about political leaders fighting for the most powerful positions in the world underscores their crucial role in shaping laws that support innovation, competition, and economic freedom. Leadership at every level, from federal to state government, influences how our businesses operate, from burgeoning conglomerates to the … [Read more...] about Nevada’s Power Play
Blake D. Carter, P.E.
Founder Westex Consulting Engineers Type of Business: Engineering Firm, Geotechnical, Special Inspection & Material Testing Based in: Reno, NV Hails from: The Woodlands, TX Years Org. has been in Nevada: 4 Years with Organization in Nevada: 4 Employees in NV: 30 How did you get into your profession? My uncle offered for me to move to Reno and attend the … [Read more...] about Blake D. Carter, P.E.
Industry FocusState Leadership
It is a tense time in government. And while all eyes are on the upcoming November elections, state leaders in Nevada focus on the day-to-day grind of what impacts its citizens most. That includes concerns of recruiting and retaining talent, navigating antiquated systems, and trying to predict future funding with a legislature that meets every other year. Not to mention the … [Read more...] about Industry Focus
Healthcare Heroes Southern Nevada19th Annual Special Report
Legacy Healthcare Heroes began almost 20 years ago with the goal of honoring individuals that excel in healthcare while helping fund scholarships for Nevada’s future healthcare educators. The first and longest running program of its kind in Nevada, Healthcare Heroes was born in 2006 with 10 categories and a seemingly endless supply of nominees. Since the beginning, … [Read more...] about Healthcare Heroes Southern Nevada
Everything’s Waiting for YouWandering Around Nevada’s Downtowns
A railroad. A river. A watering hole in the desert. The one place for commerce in a nascent city. The origin of Nevada downtowns is as varied as its cities that sprang up because of mining, or a railroad, or a river. Industries in downtowns build out from the core, expanding into new areas of city. Similar businesses follow, suppliers locate nearby, residents … [Read more...] about Everything’s Waiting for You
Office SummarySecond Quarter 2024
Northern Nevada By Bob Shanahan, Colliers | RENO Reno's office market exhibited resilience in Q2 2024 despite its highest occupancy losses since 2020. The vacancy rate increased slightly to 10.9 percent, driven by several vacancies, yet it remained below the five-year average, highlighting the market's stability. The State of Nevada's substantial leasing activity, including … [Read more...] about Office Summary
Business IndicatorsSeptember 2024
The advance estimate for U.S. gross domestic product (GDP) for 2024Q2 experienced unexpected robust growth at a 2.8 percent annual rate, twice the 1.4 percent in the previous quarter. The analysis of the components suggests a robust economy with strong consumer spending, private inventory investment, and nonresidential fixed investment. A surge in imports and a downturn in … [Read more...] about Business Indicators
The Last WordHow Do You Maintain Your Company Culture?
Rob Gaedtke President and CEO KPS3 “Culture isn’t something you maintain. It adapts and changes with new and different working styles. All we can do as leaders is keep it pointed in the right direction with values we never budge on.” Paula Yakubik Partner MassMedia “We maintain our company culture by fostering strong communication, inclusivity, and regular team … [Read more...] about The Last Word
Keeping Water Flowing in Las VegasIs a 24/7 Job
Most people know that the vast majority of Southern Nevada’s water comes from Lake Mead. But what most don’t see is the intricate and elaborate system that brings Colorado River water from the lake to the more than 400,000 homes and businesses across the Las Vegas Valley Water District’s (LVVWD) 300-square-mile service area. Las Vegas’s water system is made up of: The … [Read more...] about Keeping Water Flowing in Las Vegas
Cash-Back OffersEncourage Nevada Businesses to Save Energy
Innovations in HVAC systems, refrigeration and other equipment have made them more energy efficient, making it possible for businesses to reduce energy costs by as much as 20 to 30 percent. And with cash-back incentives and technical support from NV Energy’s Business Energy Services (BES), businesses can now make upgrading to these systems affordable. Whether … [Read more...] about Cash-Back Offers
Women to WatchCheers to Female Leaders
Women frequently wear many hats in their life. From daughter to mother to business leader, many women feel they must be all things at all times, accomplishing the impossible. The 2024 class of Women to Watch do the impossible every day with grace and poise. Executives and decision makers, these women are following the great women in front of them and leading the way … [Read more...] about Women to Watch
Industry FocusBankers
Keeping buried cash in the yard for a rainy day is a thing of the past. Today, consumers rely on banks to safely store their earnings. But what happens when banks fail? Although it seems impossible, it was not too long ago that news of the Silicone Valley Bank collapse had people panicking and wondering if grandpa had it right with cash hidden under the tomato plants. That, … [Read more...] about Industry Focus
Chris Beucler
President Blue Heron Nexus, Blue Heron Type of Business: Luxury Home Design & Build Firm Based in: Las Vegas, NV Hails from: Scottsdale, AZ Years Org. has been in Nevada: 20 Years with Organization in Nevada: 03 Employees in NV: 200 How did you get into this line of work? I grew up surrounded by the home-building business. My father was a developer in … [Read more...] about Chris Beucler
ReD ReportIndustrial Summary Second Quarter 2024
Northern Nevada By Angel Orozco, CBRE Reno The Reno industrial market was comprised of approximately 115 million sq. ft. at the close of Q2 2024. There was over 180,000 sq. ft. of new product delivered to the market in Q2 2024. The construction pipeline had over 930,000 sq. ft. underway with another 17.3 million sq. ft. in various planning stages. The overall average asking … [Read more...] about ReD Report
Business IndicatorsAugust 2024
The third quarter estimate for U.S. gross domestic product (GDP) for 2024Q1 increased at an annual rate of 1.4 percent, revised upward by 0.1 percentage point from the second estimate. Although the growth rate slowed, the breakdown of the components suggests a robust economy with strong consumer spending, residential and non-residential fixed investment, and government … [Read more...] about Business Indicators