The “advance” estimate for U.S. real gross domestic product (GDP) for the first quarter of 2017 grew at a weaker-than-expected 0.7 percent annualized rate. The biggest positive contribution came from private domestic investment, while consumer spending posted the slowest growth since the end of the Great Recession based on incomplete data. Weak consumer spending, in spite of … [Read more...] about June 2017: Business Indicators
Departments
What Do You Most Enjoy About Being a Local?
“To me, growing up and living in the Valley has always been about the outdoors. The opportunities we have to spend time outdoors, with such great venues as Red Rock, Valley of Fire, Lake Mead, Mt. Charleston, all just minutes away, is very important to me.” Paul E. Valentine, PE | Director of Nevada Operations, The WLB Group, Inc. “Las Vegas has so much to offer! I actually … [Read more...] about What Do You Most Enjoy About Being a Local?
Movers & Shakers: Terry Kennedy
President & CEO Appreciation Financial (8 years in NV) Type of Business: Insurance and Financial Services | Hails from: Phoenix, Arizona 8 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? An agent met with me to go over my own financial goals and retirement savings. I realized that what he was doing was so important and … [Read more...] about Movers & Shakers: Terry Kennedy
Around the State: May 2017
Women in Technology to be Recognized at Ceremony The fourth annual Las Vegas Women in Technology awards is being held on June 2nd. The ceremony is presented by the Las Vegas Community Tech Fund, WomenAdvancing.org and HiTech Las Vegas. The awards are presented to acknowledge the contributions of women in Las Vegas’ technology sector and honors are from a wide range of … [Read more...] about Around the State: May 2017
Welcome to Nevada: May 2017
Astound Group Astound Group, a global design and fabrication company, is expanding its current Las Vegas facility from 140,000 square feet to 240,000 square feet. The expansion is expected to create over 50 positions in the Las Vegas area with an average wage of $25.14 over the next five years. Astound Group specializes in exhibits and events, manufacturing and installing … [Read more...] about Welcome to Nevada: May 2017
The New Workplace: Designing Offices That Increase Productivity
If you build it, they will come… and more importantly, stay. In an ever-changing business world, there is more emphasis on creating functional and health conscious workspaces than possibly ever before. Private offices and cubicles are quickly becoming a thing of the past. Millennials entering the work place are looking for workspaces that offer flexibility, natural light, … [Read more...] about The New Workplace: Designing Offices That Increase Productivity
The “Green Energy” Lobby is About Cronyism —Not Polar Bears
It comes as no surprise that the Nevada legislature is, yet again, going to try to micromanage the energy market through a variety of new renewable energy mandates and subsidies. Sadly, it is even less of a shock that opposition to these initiatives is scarce, to say the least. After all, the “green energy” movement has done a fantastic job portraying itself as the … [Read more...] about The “Green Energy” Lobby is About Cronyism —Not Polar Bears
Red Report: May 2017
E Project, Industrial ADDRESS NEC of Las Vegas Blvd. & N. Walnut Rd., 89115 CONTRACTOR OF RECORD United Construction DETAILS The placement of the first wall panels for the 546,480 square foot LogistiCenter is complete. The building is slated for completion by the end of the second quarter of 2017. Sale, Office ADDRESS 1785 E. Sahara Ave., 89104 BUYER 1785 Office … [Read more...] about Red Report: May 2017
Retail Summary: First Quarter 2017
SOUTHERN NEVADA The Las Vegas Valley’s overall industrial vacancy rate in Q1 2017 was 5.5 percent, 0.3 percentage-points up from the 4th quarter of 2016. The warehouse/distribution product type was responsible for the vacancy increase as vacancy was down in all other product types. A large amount of warehouse/distribution space came to market in the second half of 2016; and … [Read more...] about Retail Summary: First Quarter 2017
May 2017: Business Indicators
The “third” estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2017 grew at a 2.1 percent annualized rate, up by 0.2 percentage point from the “second” estimate. According to more complete source data, consumer spending boosted real GDP more than expected. U.S. nonfarm employment added a less-than-expected 98,000 jobs in March. The unemployment rate, … [Read more...] about May 2017: Business Indicators
Which Nevadan Do You Most Respect?
“The Nevadan I most respect is former Governor Kenny Guinn for his honesty, integrity, his ability to relate to everyone and, most of all, his ability to bring opposing sides to compromise.” Bernadette Mashas | CPA, Tax Partner Fair, Anderson & Langerman “I have always admired what LVCVA President & CEO Rossi Ralenkotter has achieved for the Las Vegas tourism industry … [Read more...] about Which Nevadan Do You Most Respect?
Movers and Shakers: Mike Pansky
Founder & CEO InterKn (1 year in NV) Type of Business: Software as a Service (SaaS) | Hails from: Reno, Nevada | 1 year with company in Nevada | Based in: Reno How did you first get into your profession? [I was] recruited to work for Sierra Nevada Corporation, and inspired by the innovation of small businesses and incorporating my passion for mergers and … [Read more...] about Movers and Shakers: Mike Pansky
Welcome to Nevada: April 2017
Axe Monkeys Las Vegas Axe Monkeys, an indoor recreational axe throwing facility, has opened its first location in the United States in Southern Nevada. Based in Canada, company executives saw the opportunity to expand in Las Vegas due to heavy tourism traffic and those looking for a unique experience. The facility can accommodate about 300 guests. The new location filled 12 … [Read more...] about Welcome to Nevada: April 2017
Around the State: April 2017
UNLV Lee Business School MBA Program Rises in Ranking The University of Nevada, Las Vegas (UNLV) Lee Business School’s MBA program has broken the top 100 in U.S. News & World Report’s annual ranking of part-time MBA programs. UNLV’s course rose from 102 to tie for 95th place and is part of the ranking of “America’s Best Graduate Schools”. The rankings compare over 300 … [Read more...] about Around the State: April 2017
Made in NYC; Made Better in Reno: A Business Case Study, Bombora
Rob Armstrong, co-founder of Bombora, was looking to expand R&D operations westward from their Manhattan headquarters. Where Bombora landed might surprise many. But it shouldn’t. The company, founded in 2014, is a startup in the AdTech sector providing B2B demographic and intent data for marketers worldwide. By aggregating users into demographic segments, it deploys … [Read more...] about Made in NYC; Made Better in Reno: A Business Case Study, Bombora