The second estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2015 was revised up from the first (advanced) estimate of 0.7 to 1.0 percent annualized growth rate. The revision occurred because private inventory investment experienced a smaller decline than estimated in the previous month. U.S. nonfarm employment added a more-than-expected 242,000 jobs … [Read more...] about Business Indicators: April 2016
Departments
What’s Your Perfect Day?
“A perfect day is when I hear of a Leadership Henderson alumnus using the tools they received from our program to make a difference in our community. Seeing the impact of their efforts is a great feeling.” Natalie Buckel | Leadership Henderson Director, Henderson Chamber of Commerce “A perfect day on the job is when I have the opportunity to visit our job sites and … [Read more...] about What’s Your Perfect Day?
Red Report: March 2016
BC Sale, Motel ADDRESS 704 Nevada Hwy., 89005 BUYER Bal Gosal SELLER US Bankruptcy Trustee DETAILS 113 rooms; $13,363 per room APN 186-09-110-042 SELLER’S REP Charles Connors of Colliers International E Sale, Office ADDRESS 600 E. Charleston Blvd., 89104 BUYER Hellfire Media, LLC SELLER State Bar of Nevada DETAILS 10,711 SF; $1.4 million APN … [Read more...] about Red Report: March 2016
Around the State: March 2016
Business Confidence Rebounds According to the UNLV Center for Business and Economic Research (CBER), the Southern Nevada business confidence index, which is tracked by the center, increased by 6.6 percent on a quarterly basis. This is a rebound from the previous three straight quarters of decline. VEA Earns Cornerstone Award from Pahrump Valley Chamber The Pahrump Valley … [Read more...] about Around the State: March 2016
Welcome to Nevada: March 2016
Better World Books Founded in 2002, Better World Books has opened a 140,000 square foot distribution center in Reno. The company plans to hire 100 employees by the beginning of April. An online book store that carries over 8 million new and used book titles, the company supports literacy, libraries and education as well as environmental initiatives. Maverick Aviation … [Read more...] about Welcome to Nevada: March 2016
Movers & Shakers: Helen Lidholm
CEO Saint Mary’s Health Network (108 years in NV) “Keep your eyes open for opportunities. Don’t be afraid to try something new.” Type of Business: Healthcare Network | Hails from: Skanor, Sweden | 9 year with company in Nevada | Based in: Reno How did you first get into your profession? I became a registered nurse in Sweden and worked in many different healthcare … [Read more...] about Movers & Shakers: Helen Lidholm
History Repeats Itself
One of the problems with “progressive” ideas is that they often turn out to be the recycled remains of already tried-and-failed concepts. Nevada’s Commerce Tax — set to take effect this summer — is a prime example. Billed as an innovative tax on large businesses, the Commerce Tax will soon slap a new cost of doing business on any company with more than $4 million in … [Read more...] about History Repeats Itself
Office Summary: Fourth Quarter 2015
Southern Nevada The Las Vegas Valley spec office vacancy rate in Q4, 2015 declined 0.1 points to 18.4 percent from Q3, 2015. Compared to Q4, 2014, the office vacancy rate is down 0.5 points, from 18.9 percent. Q4’s vacancy rate drop means that the Valley’s office market has improved for four straight quarters. Vacancy rates ranged from 13.3 percent for Class C space to 27.1 … [Read more...] about Office Summary: Fourth Quarter 2015
Business Indicators: March 2016
The advance estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2015 reports a weak 0.7 percent annualized growth rate. Overall, the U.S. economy increased its size 1.8 percent year-over-year in 2015, down from 2.5 percent year-over-year in 2014. U.S. nonfarm employment continued to grow by adding a less-than-expected 151,000 jobs in January 2016. Even … [Read more...] about Business Indicators: March 2016
What has been your most memorable milestone in business?
“The most memorable milestone in my career was contributing to the rebranding of Desert Passage to Miracle Mile Shops in 2007 and offering customers a fresh look with new stores, restaurants and entertainment experiences.” Wendy Albert | Senior Director of Marketing, Miracle Mile Shops “We were awarded the contract at the Springs Preserve in March of 2014. The last two years … [Read more...] about What has been your most memorable milestone in business?
A New Way of Thinking About Health in the Silver State
As business leaders, we often rely on metrics like growth and the unemployment rate to gauge our state’s vitality. However, focusing solely on economic indicators is not enough to answer the question, “How are we doing?” We need to consider other metrics that reflect the health of our communities. Today, Nevada ranks 46th among the states for healthcare access, quality, … [Read more...] about A New Way of Thinking About Health in the Silver State
Movers & Shakers: Mike Crowell
President and CEO National Championship Air Races (52 years in NV) “If you can take the emotion out of a decision you can make the right decision.” Type of Business: Special Events | Hails from: Columbus, Georgia | 1 year with company in Nevada | Based in: Reno How did you first get into your profession? My career in the soft drink industry started with a visit to a … [Read more...] about Movers & Shakers: Mike Crowell
Around the State: February 2016
University of Nevada, Reno College of Business Ranks Among Best in Nation The U.S. News & World Report has ranked the University of Nevada, Reno’s College of Business at 31st out of 163 schools in the nation for having the best online MBA program. The ranking evaluated schools based solely on data related to distance education MBA programs. The College of Business’ … [Read more...] about Around the State: February 2016
Good or Bad Financial Times, Government Just Keeps Growing
Many government workers are probably wondering what all the fuss is about when they think back to the “great recession.” Sure, home values dropped and things seemed to slow down a bit, but it wasn’t really that bad, right? Well, not for them. It’s no secret that government employees enjoy considerably more job security than their private-sector counterparts, but the … [Read more...] about Good or Bad Financial Times, Government Just Keeps Growing
Welcome to Nevada: February 2016
Deceuninck North America A global organization specializing in PVC window and door systems and composites for the building industry, Deceuninck North America, broke ground on a new plant in Fernley last year. The plant is expected to open in the second quarter of 2016 and includes 150,000 square feet of extrusion, manufacturing, support, warehose and office space. Deceuninck … [Read more...] about Welcome to Nevada: February 2016