The second estimate for real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, which was mostly attributed to continued increases in consumer and government spending. Seasonally adjusted U.S. nonfarm employment increased by 151,000 jobs in February, with the unemployment rate reaching 4.1 percent and the number of unemployed … [Read more...] about Business Indicators
The Last WordHow do you maintain a work/life balance?
Edward Gillis Director of Sales Topgolf Las Vegas “Maintaining work-life balance at Topgolf Las Vegas with my wife and kids comes down to setting clear boundaries, effective time management, and prioritizing quality family time. I stay present, delegate when needed, and ensure self-care.” Wendy Preyssler MCC International Coaching Federation Master Certified Coach, … [Read more...] about The Last Word
The Hospitality Industry Never StopsAnd Neither Should You!
This March 24-26, Bar & Restaurant Expo 2025 is bringing together 13,000+ industry professionals to the LVCC for an unmissable experience. Whether you’re a bar owner, restaurant operator, bartender, or just passionate about the business, this event offers something for everyone. What to Expect Special Offer!Save 30% on your registration with promo code … [Read more...] about The Hospitality Industry Never Stops
Industry FocusBuilders & Developers
From the Great Recession to the COVID pandemic, builders and developers in Nevada, like many other industries, have experienced years of challenging ups and downs. Interest rates, available land and governmental roadblocks can all become major hurdles to project completion in construction and planning. While navigating these issues, organizational leaders are also … [Read more...] about Industry Focus
Clint MoxeyFace to Face
Owner Seniors Helping Seniors Type of Business: In Home/Non-Medical Care Based in: Reno, NV Hails from: Sheridan, WY Years Org. has been in Nevada: 12 Years with Organization in Nevada: 06 Employees in NV (approx.): 135 How did you get into your profession? I purchased Seniors Helping Seniors after my wife retired from a very successful teaching career. What is an … [Read more...] about Clint Moxey
Utilities in NevadaCRE, Growth and Environmental Concerns
In the last year, Nevada’s population has steadily increased. The more people living and working in Nevada, the more buildings need reliable access to utilities. This is where Nevada utilities and commercial real estate (CRE) go hand in hand. Addressing these needs for locals and new Nevadans alike requires meticulous planning, teamwork and creativity. The Role of Utilities in … [Read more...] about Utilities in Nevada
ReD ReportOffice Summary: Fourth Quarter 2024
Northern Nevada By Bob Shanahan, Colliers Reno Reno’s office market closed 2024 with remarkable momentum. The uptick in activity we’ve observed is backed by the data and paints an optimistic outlook for 2025. With the market vacancy rate now below 10%, it is possible we could see a new construction project start in the months ahead to address space constraints for tenants … [Read more...] about ReD Report
Business IndicatorsMarch 2025
The advance estimate of U.S. real gross domestic product (GDP) for 2024Q4 posted steady growth at an annualized percentage of 2.3 percent, largely reflecting continued strong consumer spending. Government spending also contributed positively to real GDP growth, while nonresidential and private inventory investments contributed negatively. Residential investment rebounded after … [Read more...] about Business Indicators
The Last WordWhat Has Been Your Best Moment in Business?
Dr. Marc J. Kahn Dean Kirk Kerkorian School of Medicine at UNLV “My finest moment was watching our first class graduate. Seeing 60 students, 30 percent of whom are first generation college students, receive their MD degrees was truly an inspiration and something I'll never forget.” Suzanne Steelman Taylor Vice President of Strategy Steelman Partners "Seeing my … [Read more...] about The Last Word
Relationship-Focused Banking and Value-Added ResourcesPropel Las Vegas Businesses in Today’s Climate
By Vjollca TarjanLas Vegas Market PresidentEnterprise Bank & Trust, Member FDICenterprisebank.com Since our founding, Enterprise Bank & Trust has focused on guiding people to a lifetime of financial success. We empower privately held businesses to succeed, help families to secure their financial futures, and invest to advance the quality of life in the communities we … [Read more...] about Relationship-Focused Banking and Value-Added Resources
Industry FocusMining
Although mining has changed drastically in the last century, the perception of the industry has not. Many people still think miners carry pickaxes and shovels and daily risk life and limb to provide for their families. The reality is that modern day mining is highly sophisticated, and Nevada is foraging the path for mining practices that are being adopted worldwide. And yet, … [Read more...] about Industry Focus
Protecting Small BusinessThe Nationwide Legal War Against the Corporate Transparency Act
By Anahit Baghshetsyan & Geoffrey Lawrence Nevada Policy Research Institute In 2021, Congress passed the Corporate Transparency Act (CTA) as a new component of the National Defense Authorization Act. This new law aimed to strengthen the surveillance power of the Treasury Department with the nominal goal of rooting out financial support for terrorism, drug trafficking … [Read more...] about Protecting Small Business
Ken Goodrich
Chairman Goettl Air Conditioning & Plumbing Type of Business: Home Services Based in: Southwest US Hails from: Las Vegas Years Org. has been in Nevada: 14 Years with Organization in Nevada: 14 Employees with Organization: 250 How did you get into your profession? I started in the home services industry at the age of ten when I would hold the flashlight for my … [Read more...] about Ken Goodrich
ReD ReportIndustrial Summary: Fourth Quarter 2024
Northern Nevada By Angel Orozco, CBRE | Reno The Reno industrial market was comprised of approximately 116 million sq. ft. at the close of Q4 2024. There were six new industrial buildings delivered to the market in Q4 2024, totaling 1.0 million sq. ft. The construction pipeline had 2.1 million sq. ft. underway with another 15.5 million sq. ft. in various planning stages. … [Read more...] about ReD Report
Business IndicatorsFebruary 2025
The U.S. economy made impressive gains in late 2024. The third and final estimate of U.S. real gross domestic product (GDP) for 2024Q3 exceeded expectations at an annual rate of 3.1 percent, surpassing the original estimate of 2.8 percent. Industries like retail trade and healthcare contributed to the 2024Q3 increase in real GDP, while agriculture and administrative services … [Read more...] about Business Indicators