First estimates for fourth quarter 2012 show U.S. real GDP decreasing by an annualized rate of 0.1 percent. Private inventory investment, federal government spending, and exports made negative contributions. The reduction in federal government spending comes after a surge in defense spending during third quarter, as a response to possible sequestration. In addition, Europe’s … [Read more...] about March 2013: Business Indicators
Departments
Who has had the greatest impact on your career?
“Dennis Finfrock and Pat Christenson both impacted my career by presenting me with opportunities to learn through success AND failure. From my interning at Thomas & Mack Center, and the years of growth that followed there and at the MGM’s arena, the experience was fantastic.” Daren Libonati • President/COO, Justice Entertainment Group “My Mom, of course. The … [Read more...] about Who has had the greatest impact on your career?
February 2013: Around the State
Southern Nevada Businesses Expect a Better 2013 According to the Southern Nevada Business Confidence Index, compiled by UNLV’s Center for Business and Economic Research, Southern Nevada businesses’ expectations are improving. The report found that, after two quarters of declining expectations, the index rose from 101.5 to 106.1 for the first quarter of 2013. The index is based … [Read more...] about February 2013: Around the State
Mark Gunderson, MD: Age Management Institute
Medical Director Reno How did you first get into your profession? My lifelong interest in fitness, diet, nutrition, supplementation, the process of aging and disease management led me to this field. Previously as an ER physician, I would see these patients literally on their deathbed, and I recognized that there was a significant need for a more preventive approach to … [Read more...] about Mark Gunderson, MD: Age Management Institute
Rick Stater: Tronox
Plant Manager Henderson How did you first get into your profession? [I had an] interest in chemistry and engineering in high school, so I got a Chemical Engineering degree in college. What do you like most and least about your industry? Most is the diversity of areas of interest available within this profession and least would be the loss of such businesses in the … [Read more...] about Rick Stater: Tronox
Following Florida: Why School Choice Should Top Lawmakers’ Education Agenda
School choice, not Pre-K, has raised Florida’s test scores In 1998, Florida and Nevada had the exact same score on the National Assessment of Educational Progress (NAEP) test for fourth grade reading. In 1999, however, Florida Gov. Jeb Bush instituted a series of reforms, including corporate tuition scholarships, vouchers, grading schools from A-F, ending social promotion … [Read more...] about Following Florida: Why School Choice Should Top Lawmakers’ Education Agenda
Industrial Summary: Fourth Quarter 2012
Las Vegas With no completions during the quarter, the industrial market witnessed some increased demand, reporting approximately 32,000 square feet of positive net absorption. However, for the year, absorption remained negative with 243,700 square feet of net move-outs. Average asking rates remained flat at $0.51 per square foot per month for the fourth consecutive quarter. … [Read more...] about Industrial Summary: Fourth Quarter 2012
February 2013: Business Indicators
The U.S. economy is showing signs of moderate improvement. Revised estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 3.1 percent, up from the previous estimate of 2.0 percent. Most of the revision can be attributed to a higher rate of inventory accumulation than previously estimated. Although real GDP growth was higher than the tepid 1.3 … [Read more...] about February 2013: Business Indicators
What has the greatest potential to improve Nevada’s economy?
“Quality education and healthcare are key to the diversification of our employment base, which will bring businesses and individuals to Southern Nevada and positively impact our economy.” Joselyn Cousins • Vice President, Community Development, United Way of Southern Nevada “Not a single event or government program will solve Nevada’s economic problems, but understanding … [Read more...] about What has the greatest potential to improve Nevada’s economy?
January 2013: Around the State
Home Prices Rising in Las Vegas According to recent statistics from the Greater Las Vegas Association of Realtors (GLVAR), Southern Nevada home prices increased again in November. The median price of single-family homes sold was $146,000, up 4.3 percent from the $140,000 in October and up 16.8 percent from the same period last year. Alternatively, in November, home sales went … [Read more...] about January 2013: Around the State
Joseph R. Ganley: Hutchison & Steffen
Senior Partner Las Vegas Where is the greatest demand for legal services? Trust and estate litigation. Because of aging Baby Boomers and changes in tax laws, vast amounts of wealth are being transferred through these legal vehicles, and with those transfers come disputes. This area of practice is quickly becoming our busiest. We have a full team of lawyers who work on … [Read more...] about Joseph R. Ganley: Hutchison & Steffen
Valerie J. Cooney: Volunteer Attorneys for Rural Nevadans
Executive Director Carson City How did you first get into your profession? My father was an attorney in a small town in Northern California. I did not consider a career in law as I was growing up, but I knew I liked helping others. I spent several years after college working in various casinos in Lake Tahoe. In 1980, I felt the need to do something meaningful, so I … [Read more...] about Valerie J. Cooney: Volunteer Attorneys for Rural Nevadans
John P. Desmond: Gordon Silver
Shareholder Reno What do you like most and least about your industry? My favorite part of our industry is being creative in trying to help solve problems for businesses that find themselves in a dispute. Litigation is very stressful and time consuming for businesses and getting problems resolved quickly is almost always in everyone’s best interest. My least favorite … [Read more...] about John P. Desmond: Gordon Silver
Why It’s Morally Wrong to Expand Medicaid: Government should protect property, not redistribute it
Why is stealing wrong? Is it wrong because it’s illegal? Or is stealing wrong because individuals have a God-given or natural right to their own property? To some people, that’s like asking, “Which came first: the chicken or the egg?” — in other words, they think the answer is unknowable. But there’s an essential difference here: Unlike the chicken-and-egg question, we … [Read more...] about Why It’s Morally Wrong to Expand Medicaid: Government should protect property, not redistribute it
The Unintended Franchise: If It Quacks Like A Duck . . .
Are you operating a franchise system without realizing it? If you are licensing to others the right to use your trademark for a fee, the answer could be yes. Under both federal and some state laws, a business relationship may be a franchise -- even if neither of the parties intended to create one. At the federal level, the Federal Trade Commission (“FTC”) is the body that … [Read more...] about The Unintended Franchise: If It Quacks Like A Duck . . .