President North Las Vegas Number of Employees: 6 Years in Nevada: 4 Years with Company: 4 What inspired you to get into your industry? My dad inspired me to get into construction. He is a concrete contractor. When my sister and I were as young as 12 years old he would bring us to his office in the summer and put us to work. He would take us to job sites and show … [Read more...] about Karly Urata: K&K Construction Supply, Inc.
Departments
September 2010: Around the State
Nevada Commission on Tourism Expands Outreach to China The Nevada Commission on Tourism (NCOT) has expanded promotions to China seeking to tap into the country’s lucrative travel market. The new office opened recently in Shanghai and shares space with the U.S. Commerce Department. This is the second office the NCOT has opened in China. Green Chamber of Commerce Expands to … [Read more...] about September 2010: Around the State
Office Summary: Second Quarter 2010
Las Vegas The Las Vegas Valley office market has yet to stabilize as vacancies edged upwards exerting downward pressure on average asking rents. During the second quarter, the market reported 426,800 square feet of negative net absorption, pushing the amount of occupied space down for the seventh consecutive quarter and to a level not … [Read more...] about Office Summary: Second Quarter 2010
September 2010: Business Indicators
Signs of further slowing in the U.S. economy are increasingly evident, and a second downturn seems possible, though not yet likely. The advance estimate for real GDP growth in second quarter was 2.4 percent at an annual rate, down from the 3.7 percent revised estimate for first-quarter 2010. U.S. nonfarm employment fell by 131,000 jobs in July, though private employment rose … [Read more...] about September 2010: Business Indicators
If you could go anywhere, where would you go? Why?
“I’d spend a few weeks in a dacha along Russia’s Volga River. It’s a beautiful, quiet place that has incredible World War II and Russian Civil War history. It’s also a great place to enjoy Russian shashlik.” Brin Gibson • Attorney, Lionel Sawyer & Collins “Greek Islands sailboat cruise. Gourmet meals, swimming in isolated coves, and spectacular views are just the … [Read more...] about If you could go anywhere, where would you go? Why?
Donald Giancursio: UnitedHealthcare
CEO Nevada Market Las Vegas and Reno Number of Employees: 2,500 Years in Nevada: 18 Years with Company: 15 What inspired you to get into your industry? Actually it was a job opportunity when I graduated college in 1982. Very much like today, unemployment was high, and jobs, especially for graduating college students, were at a premium. I was very fortunate to get into … [Read more...] about Donald Giancursio: UnitedHealthcare
August 2010: Around the State
First Responder Tool Wins International Award The Critical Infrastructure Protection System (CIPS), a tool that uses geographic information system technology to better prepare first responders by providing infrastructure information of building, has been awarded a Special Achievement Award from the ESRI International User Conference. The tool was developed by Urban … [Read more...] about August 2010: Around the State
Industrial Summary: Second Quarter 2010
Las Vegas The Las Vegas Valley industrial market continued to signal weakness with an increasing vacancy rate and falling average asking rents amid turbulent conditions within the sector. No new inventory came to market as several projects remain stalled or delayed due to a lack of demand and an abundance of supply. Nearly 351,000 square feet of industrial space in four … [Read more...] about Industrial Summary: Second Quarter 2010
August 2010: Business Indicators
The US economic recovery softened in the first quarter of 2010 as measured by growth in real GDP of 2.7 percent, down from 5.6 percent in the fourth quarter of 2009. The June 2010 employment report indicated that the economy lost a net 125,000 jobs. The change in the employment levels included the loss of 225,000 census-worker jobs and a gain of 83,000 private-sector … [Read more...] about August 2010: Business Indicators
If you could meet anyone from history and ask them one question, who would you meet and what would you ask?
“I would pick Golda Meir, the Prime Minister of Israel between 1969 and 1974. I would ask her what it was like to be a woman leading a struggling nation in a male dominated culture and world, while paving the way for other women.” Ruth Urban • Founder, The Urban Group, LLC “I would talk to Thomas Jefferson and ask him how they created a governance system and constitution … [Read more...] about If you could meet anyone from history and ask them one question, who would you meet and what would you ask?
July 2010: Around the State
Unemployment Rate in Nevada Highest in the Nation According to the Bureau of Labor Statistics (BLS) the overall unemployment rate in Nevada climbed to 14 percent in May, beating out Michigan who previously had the highest unemployment rate in the country. Additionally, the unemployment rate for teens in Nevada is now the second highest in the country at 34.6 percent. Minimum … [Read more...] about July 2010: Around the State
Ryan E. Johnson: Watson Rounds
Partner Las Vegas, Reno, San Francisco Number of Employees: 35+ Years in Nevada: 7 Years with Company: 3 What inspired you to get into your industry? As a child, before I even knew what lawyers did, I would say that I wanted to be an attorney. After about five years in Washington, DC working for a national non-profit organization, I decided to go back to law … [Read more...] about Ryan E. Johnson: Watson Rounds
Retail Summary: First Quarter 2010
Las Vegas Vacancies within the Las Vegas commercial retail market moved upward while average asking rents continued to decline in anchored-retail centers during the first quarter of 2010. Reporting a vacancy rate of 10.5 percent at the close of the first quarter of 2010, vacancies remain up 0.9 points from 9.6 percent during the same period of the prior year (Q1 2009). … [Read more...] about Retail Summary: First Quarter 2010
July 2010: Business Indicators
The US economy has posted several quarters of solid growth in gross domestic product. Most of that growth has been driven by consumption spending and firms restocking inventories, although business investment in equipment and software made a strong showing in the first quarter of 2010. Still, there is evidence of continued weakness in the US economy. The May 2010 employment … [Read more...] about July 2010: Business Indicators
June 2010: Around the State
National Geothermal Institute Established at UNR The United States Department of Energy (DOE) has awarded the University of Nevada, Reno a $1.2 million grant to develop and operate the National Geothermal Institute, a consortium of top geothermal schools. The institute is designed to transform and grow the national energy infrastructure to utilize America’s geothermal … [Read more...] about June 2010: Around the State