CCSD’s First Electric School Bus Begins Operations The Clark County School District (CCSD) has unveiled the first electric school bus in Nevada. The bus was purchased using grant funding from NV Energy and the Nevada Division of Environmental Protection (NDEP). The district has the largest owned and operated school bus fleet in the nation and transports 125,000 students each … [Read more...] about Around the State
Departments
Commercial RE ReportIndustrial Summary: Fourth Quarter 2022
Northern Nevada By Angel Orozco, CBRE The Reno industrial market finished the quarter with strong market fundamentals, posting the thirteenth consecutive quarter of positive net absorption. The East Valley submarket remains the most sought out location in Reno for occupiers, posting 714,750 square feet (SF) of positive net absorption for the quarter. Average asking lease … [Read more...] about Commercial RE Report
Business IndicatorsFebruary 2023
The third estimate of U.S. real gross domestic product (GDP) for the third quarter of 2022 expanded by an annual 3.2 percent, up by 0.3 percent from the second estimate. While unsustainably strong net exports remained the main contributor to the real GDP gain, the upward revision also reflected larger-than-expected rise in consumer spending and a smaller-than-expected decline … [Read more...] about Business Indicators
Last WordWhat do you love about your business?
Girair "Jerry" Goumroian FounderMeráki Greek Grill "What I love most about owning a restaurant chain is the opportunity to play a part in everyday guests' celebrations. Whether it be a birthday, anniversary or simply a dinner with family, we aim to make their time while dining with us exceptional. I also happen to be lucky enough to work with my family and … [Read more...] about Last Word
Melanie Stafford
Executive DirectorNevada Youth Soccer Association Type of Business: Non-profit governing body of youth soccer in the state of NevadaBased In: Las Vegas, NVHails From: Reno, NV Years Org. has been in Nevada: 43Years with Organization in Nevada: 02Employees in Nevada: 03 How did you get into your profession? I was an athlete growing up and wanted to end up in sports. … [Read more...] about Melanie Stafford
Free Market WatchSlow Growth, Low Returns: US and Nevada Economic Outlook Part 2
Last month’s column reviewed four long-term trends that have long slowed US economic growth and suppressed equity investment returns and will continue to do so, perhaps even more, in coming years. They are excess public spending and excess public regulation of all kinds. It also reviewed two trends that helped economic growth and returns before the turn of the century but since … [Read more...] about Free Market Watch
Around the StateJanuary 2023
Clark County Launches TEAP for Small Businesses Applications are now open for the Technical and Economic Assistance Program (TEAP), sponsored by the Clark County Office of Community and Economic Development in partnership with the National Development Council. The program provides eligible small business owners and nonprofits who were negatively impacted by the COVID … [Read more...] about Around the State
Commercial RE ReportThird Quarter 2022
Northern Nevada By Gary Tremaine, Dickson Commercial Group The third quarter saw a large decrease in overall commercial sales volume, with retail numbers decreasing in volume by nearly $70 million. There were 16 total sale transactions in Q3 2022, in comparison to last quarter’s 20, being the second highest in the last few years. In North Valleys, a strip mall shopping … [Read more...] about Commercial RE Report
Business IndicatorsJanuary 2023
The second estimate of U.S. real gross domestic product (GDP) for the third quarter of 2022 grew by an annual 2.9 percent, up by 0.3 percent from the advance estimate. The upward revision largely reflected a smaller- decline in business investment, but unsustainably strong net exports mainly drove the real GDP gain. U.S. nonfarm employment continued to increase, adding 263,000 … [Read more...] about Business Indicators
Last WordWhat new habits are you bringing into the New Year?
Troy Reierson CEOBerkshire Hathaway Home Services Nevada Properties "Technology is an incredible tool when used as intended, however it has proven that it will never replace the power of a 3D relationship. This year is about being in person." Robin Lee Executive DirectorNevada State Apartment Association “Purpose! I’ll bring purpose to my activities. I’ll … [Read more...] about Last Word
Business FirstCybersecurity and Protecting Business
Businesses have come a long way in regard to technology. The digital era has changed the modern workplace and with those changes come new concerns for security. High quality, fireproof filing cabinets and locked doors no longer provide sufficient protection for company data. Businesses now must consider the real threat of cybercriminals and the impact that breached data could … [Read more...] about Business First
HSAs 101How Health Savings Accounts Benefit Employers and Employees Alike
Dennis Sponer CEO, HSARx It’s no secret that people and businesses like to save money. As a business owner, it’s not only important to save money, but also to be able to create a happy, and healthy, environment for your employees. One of the most popular ways for saving on healthcare is using a health savings account, or HSA. Like many financial programs, the rules … [Read more...] about HSAs 101
Mike Howard
VP System IntegrationGeorge T. Hall Type of Business: System Integrator specializing in process controls.Based In: Reno, NVHails From: Reno, NV Years Org. has been in Nevada: 16Years w/Organization in Nevada: 16Employees in Nevada: 22 How did you get into your profession? My first professional career was with an industrial equipment vibration monitoring company. … [Read more...] about Mike Howard
Free Market WatchCasey at the Bat US and Nevada Economic Outlook Part 1
The outlook wasn’t brilliant for the Mudville nine that day; The score stood two to four with but one inning more to play. …” begins Ernest Thayer’s famous baseball poem. Unfortunately, the outlook for US and Nevada economic growth and investment returns is also not brilliant this day, and the outcome may again be: “mighty Casey has struck out.” The reason is accumulation of … [Read more...] about Free Market Watch
Around the StateDecember 2022
Clark County Commission Allocates ARPA Funds for Business Incubator Program Last month, the Clark County Commission voted to approve $600,000 in American Rescue Plan Act (ARPA) funds in support of a new business incubator program, Incubate Vegas. The program was developed by the Clark County Office of Community and Economic Development in partnership with StartUPNV. The … [Read more...] about Around the State