Coalition Forms to Match Employees to Available Jobs Over 40 public and private entities have joined to form the Career and Technical Education Messaging Coalition of Northern Nevada (CTE-MCNN). The coalition members represent diverse fields and expertise in Nevada. The coalition’s goal is to match potential employees with job and certificate opportunities. The coalition has … [Read more...] about Around the State
Monthly Editorial Departments
Free Market WatchWhat’s so wrong with turning Nevada into ‘California East’?
Warnings about Nevada turning into “California East” sends chills down the spines of Republicans, conservatives and libertarians. Such warnings, however, have been received with nothing more than a collective shrug by the current majority in Carson City. After all, what’s so bad about California? Our western neighbor is the 5th largest economy in the world, some of the … [Read more...] about Free Market Watch
Commercial RE ReportRetail Summary: Fourth Quarter 2018
Northern Nevada By NAI Alliance The overall Northern Nevada economy continues to remain strong through the fourth quarter of 2018. However, there were some small setbacks in the overall and anchor space vacancy rates. The overall vacancy in the Reno/Sparks area increased to 12.33 percent from the previous quarter of 11.90 percent. There was a total gross absorption of … [Read more...] about Commercial RE Report
Business IndicatorsApril 2019
The “initial” estimate of U.S. real gross domestic product (GDP) for the fourth quarter of 2018 produced an annual growth rate of 2.6 percent. Overall, the economy expanded by 2.9 percent in 2018, the strongest growth since 2015, while the trade deficit climbed to the highest level since the Great Recession. Average hourly earnings growth rebounded from 3.1 percent growth in … [Read more...] about Business Indicators
Around the StateMarch 2019
GOED Awards Grants to Revitalize Nevada Main Streets The Nevada Governor’s Office of Economic Development (GOED) has awarded almost $100,000 in grants to help fund six projects around the state to revitalize main streets. White Pine County, Gardnerville, Lovelock, Wells, Humboldt and Downtown Reno all received funds ranging from just over $1,500 to $35,000. The grants are … [Read more...] about Around the State
Free Market WatchThe Politics of Taxpayer-Funded Collective Bargaining
Should taxpayers spend $500 million annually to strengthen and further fund political action committees that lobby for ever-larger government spending? That’s the question that should have been asked last month when lawmakers discussed Senate Bill 135, which grants collective-bargaining abilities to Nevada state government workers. Such a policy will increase annual spending … [Read more...] about Free Market Watch
Commercial RE ReportOffice Summary: Fourth Quarter 2018
Northern Nevada By COLLIERS | RENO While 2018 was a strong year for the Reno office market, the return of large blocks of space ended the year on a negative note with negative net absorption of 79,018 square feet. As a result, vacancy pushed up to 11.8 percent from 11.0 percent in the third quarter. This was, however, lower than year end 2017 where it ended at 12.1 … [Read more...] about Commercial RE Report
Business IndicatorsMarch 2019
The “third” estimate of the growth rate of U.S. real gross domestic product (GDP) for the third quarter of 2018 fell by 0.1 percent to an annual rate of 3.4 percent compared to the “second” estimate. The revision reflected smaller-than-expected personal consumption expenditure and net exports, which a larger-than-expected private inventory investment partly offset. The overall … [Read more...] about Business Indicators
Around the StateFebruary 2019
NSHE Partners with CCSD and Adopts Goals The Board of Regents has approved a memorandum of understanding between the Nevada System of Higher Education (NSHE) and the Clark County School District (CCSD) which will focus on remediation, dual enrollment and increasing career and technical education opportunities. In addition, the president’s of NSHE institutions recently held … [Read more...] about Around the State
Free Market WatchGovernment Power is Political Power by Another Name
In October of 2018, Hillary Clinton argued that states, not the federal government, is where social justice warriors should focus their efforts. The recommendation was in response to the new “conservative” direction of the Supreme Court, and a Trump administration that is quickly using the largess of executive power to reorganize the federal government’s priorities. It was a … [Read more...] about Free Market Watch
Commercial RE ReportIndustrial Summary: Fourth Quarter 2018
Northern Nevada By CBRE Reno When reviewing 2018 and examining overall real estate fundamentals, the Reno industrial market continues to perform well. The region has been running at historically high demand levels for the past six years characterized by consistent demand, disciplined development, strong fundamentals, and increasing rental rates. Illustrating this has been … [Read more...] about Commercial RE Report
Business IndicatorsFebruary 2019
The “third” estimate of the growth rate of U.S. real gross domestic product (GDP) for the third quarter of 2018 fell by 0.1 percent to an annual rate of 3.4 percent compared to the “second” estimate. The revision reflected smaller-than-expected personal consumption expenditure and net exports, which a larger-than-expected private inventory investment partly offset. U.S. nonfarm … [Read more...] about Business Indicators
Free Market WatchMarkets Are About Individuals Why Isn’t Education?
In January, we will once again celebrate National School Choice Week. The focus on the week will, rightfully so, be about those students who are currently stuck in educational environments that don’t fit their needs — and the importance of empowering their parents with the ability to choose a better alternative. It’s a concept that the culture at large seems to be … [Read more...] about Free Market Watch
Commercial RE ReportRetail Summary: Third Quarter 2018
Northern Nevada By NAI Alliance The Northern Nevada economy continues to improve through the third quarter. The overall vacancy in the Reno/Sparks area decreased to 11.9 percent from the previous quarter of 12.45 percent. There was a total gross absorption of 148,937 square feet during the quarter, with a net absorption of 74,456 square feet. The most notable sale … [Read more...] about Commercial RE Report
Around the StateJanuary 2019
Nevada Graduation Rates On the Rise According to data compiled by the Nevada Department of Education, the final graduation rate for the Clark County School District’s (CCSD) Class of 2018 was 85.22 percent, a record high and increase of 2 percentage points over 2017. Over the past eight years, CCSD’s has risen from 59.34 percent in 2011. In addition, the Washoe County School … [Read more...] about Around the State