Union Restrictions Make it Difficult for Members to Opt Out Have you ever been trapped? Maybe you were stuck in traffic without A/C on a blistering summer day. Maybe an elevator door took three beats too long to open. Maybe you squeezed into clothes that were just a bit too tight and constricted your movements. Being trapped is a terrible feeling. You feel stuck, isolated … [Read more...] about 31 Percent of Nevada Workers Want to Leave Their Unions
Monthly Editorial Departments
Nevada Real Estate & Development Report: August 2013
Projects Las Vegas, 89128 Hospital Mountain View Hospital has completed construction on the second phase of an emergency room expansion project. The expanded emergency room doubled the size of the previous space and will now house 42 private beds for patients. The expansion provided a “Fast Track” Care and Triage area to quickly assess patients by triage nurses. Construction … [Read more...] about Nevada Real Estate & Development Report: August 2013
Industrial Summary: Second Quarter 2013
Southern Nevada The Las Vegas industrial market vacancy rate fell to 16.2 percent, which is its lowest level in more than two years. Compared to the prior quarter (Q1 2013), the vacancy rate fell 30 basis points (0.3 percentage points), while it is down 130 basis points (1.3 percentage points) from the prior year period (Q2 2012). Three projects totaling 422,100 square feet … [Read more...] about Industrial Summary: Second Quarter 2013
August 2013: Business Indicators
The “third” estimate for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 1.8 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports and state and local government spending all made negative contributions while personal consumption expenditures, private inventory investment, … [Read more...] about August 2013: Business Indicators
August 2013: Around the State
Clark County Implements 10-digit Dialing and Gets a New Area Code As of the third of this month, the Public Utilities Commission (PUC) of Nevada has implemented 10-digit dialing. Additionally, next year the PUC will roll out a new 725 area code for the county. According to the North American Numbering Plan Administration (NANPA), the 702 area code will be exhausted by the … [Read more...] about August 2013: Around the State
July 2013: Around the State
AlphaVu Launches Nevada Operations AlphaVu LLC, a Washington, DC company that provides data mining and target messaging, has established a Las Vegas branch. The Nevada arm will serve as the operational base for the company’s growth into the southwest region. AlphaVu-Nevada will open its doors next month in the Howard Hughes Center. The company serves corporate, issue … [Read more...] about July 2013: Around the State
Nevada Real Estate & Development Report: July 2013
Projects Las Vegas, 89101 Government Las Vegas’ new City Hall has been chosen as the 2013 Public Works Project of the Year by the American Public Works Association. The eight-level, 308,000 SF building replaces the former City Hall that was constructed in 1971. The facility created office space for up to 570 staff members for the City of Las Vegas. The new structural design … [Read more...] about Nevada Real Estate & Development Report: July 2013
Retail Summary: First Quarter 2013
Southern Nevada Vacancies in the retail sector reported a modest quarter-over-quarter increase to 9.8 percent in the first quarter of 2013. Although up 10 basis points (0.1 percent) compared to the prior quarter (Q4 2012), vacancies remain down 60 basis points (0.6 percent) from a year ago (Q1 2012). Two projects for specific users completed construction during the quarter, … [Read more...] about Retail Summary: First Quarter 2013
July 2013: Business Indicators
Revised estimates for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 2.4 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports, and state and local government spending all made negative contributions. Personal consumption expenditures, private inventory investment, business … [Read more...] about July 2013: Business Indicators
Nevada Real Estate & Development Report: June 2013
Projects Las Vegas, 89119 Government Whiting-Turner Contracting is constructing a 6,460 SF, open-air transit center at UNLV. The project will include several bike racks and an outdoor waiting area with shade and shelter canopies. The facility is designed by KGA Architects and G.C. Wallace will serve as engineer on the project. Construction of the transit facility is … [Read more...] about Nevada Real Estate & Development Report: June 2013
June 2013: Business Indicators
Initial estimates for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 2.5 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports, and state and local government spending all made negative contributions. Personal consumption expenditures, private inventory investment, business … [Read more...] about June 2013: Business Indicators
Office Summary: First Quarter 2013
Southern Nevada The Las Vegas office sector vacancy rate jumped to a record high of 26.2 percent during the first quarter of 2013. Compared to the prior quarter (Q4 2012) vacancies are up 50 basis points (0.5 percent), while they have increased 110 basis points (1.1 percent) from the same quarter a year ago (Q1 2012). The climb in vacancies was due to negative net … [Read more...] about Office Summary: First Quarter 2013
May 2013: Around the State
Las Vegas Named No. 1 Trade Show Destination For the 19th consecutive year, Las Vegas has been named the top trade show destination in the country, according to a list compiled by the Trade Show News Network. In 2012, Las Vegas hosted 53 of the largest shows, more than the next two competitors combined. The list represents the top 250 trade shows, ranked by net square footage. … [Read more...] about May 2013: Around the State
Transparent Nevada: Nevada’s Collective Bargaining Laws Enable Government Employees to Live High at Taxpayers’ Expense
Last year, Governor Brian Sandoval made $181,586.49 in total compensation. How many government employees in Nevada made more than the governor? One hundred, five hundred … maybe a thousand? No, nope and not even close. Over 2,000 government employees in Nevada made more in total compensation than the governor in 2012. Those employees include, a community services … [Read more...] about Transparent Nevada: Nevada’s Collective Bargaining Laws Enable Government Employees to Live High at Taxpayers’ Expense
Industrial Summary: First Quarter 2013
Southern Nevada The Las Vegas industrial market reported a meaningful decline in vacancy rate, falling to 17.2 percent during the first quarter of 2013. Compared to the prior quarter, vacancies are down 50 basis points (0.5 percent), while compared to a year ago, they are down 70 basis points (0.7 percent). Approximately 690,600 square feet of positive net absorption was … [Read more...] about Industrial Summary: First Quarter 2013