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
Departments
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
Last WordWhat is the biggest change you’ve seen in business in the past five years?
Rebecca Freeman AVPSilver State Schools Credit Union “There have been a number of changes but what excites us is the proliferation of businesses across a variety of industries developing community outreach and service strategies and employees’ interest in their employer having one.” Tina Quigley General ManagerRegional Transportation Commission of Southern … [Read more...] about Last Word
Rob Gaedtke
CEO & Creative Director, KPS3Type of Business: Full-service digital marketing, creative, advertising and PR agencyBased: Reno and Las VegasHails from: Stockton, California Years Company Has Been in Nevada: 27Years with Company in Nevada: 12Employees with Company: 25 What was your first job? My first job was a gymnastics instructor. I coached the boys competitive … [Read more...] about Rob Gaedtke
Expert AdviceRural Nevada Boom Presents New Challenges to Region
Nevada communities have begun growing at a breakneck pace. In addition to an influx of new workers, we’ve been seeing an increase in the companies — and diversity of companies — relocating to regions across the state. Now that 2019 has begun, we can see growth households, population and employment has exceeded previous moderate estimates, and it appears there is more where … [Read more...] about Expert Advice
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
Last WordIf you were to teach a course in college, what would you teach?
Jess Horan CEO and FounderOriginal Cocktail Club “I would teach ‘Entrepreneurship’, my favorite course from college. I would love to inspire other young entrepreneurs to challenge themselves by taking risks and following their passion.” Kelly Gaines PresidentNevada Subcontractors Association “I would teach ‘Empathy’. Understanding the feelings of others gives … [Read more...] about Last Word
Candyce Farthing
Superintendent of Legacy Traditional Schools in Nevada, Legacy Traditional SchoolsType of Business: Charter SchoolBased: HendersonHails from: Camano Island, Washington Years Company in Nevada: 3Year with Company in Nevada: 1Employees with Company: 233 What was your first job? My first job was babysitting my cousins and for several local families. When I was in high … [Read more...] about Candyce Farthing
Vital SignsHealthy Nevada Project Statewide Initiative Seeks to Improve Population Health
A project that began in 2016 through a partnership with Renown Health and the Desert Research Institute (DRI), Healthy Nevada has gained national attention for its approach to population health. The study involves harvesting DNA from a significant population, providing individuals with information on their health risks as well data to study population health issues and … [Read more...] about Vital Signs
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