Education, economy, workforce, workers: pieces of a puzzle that come together to form economic development for Nevada and the ability to make a living for each individual. According to the U.S. Bureau of Labor Statistics, educational attainment and income are linked. Earnings and unemployment rates by educational attainment show national unemployment rates of 2.1 percent for … [Read more...] about Raising the Grade: Higher Education in the Silver State
Features
Economic Forecast 2016: Increasing Stability and Growth
According to analysts, Nevada’s economy will continue to show improvement in 2016, but with a few new wrinkles thrown in. Rising wages will mean more disposable income, which in turn boosts consumer spending. Job creation, described as the single best indicator of economic growth, is expected to add more than 52,000 workers to company payrolls this year, according to the Nevada … [Read more...] about Economic Forecast 2016: Increasing Stability and Growth
Industry Focus: Technology
Although there are challenges facing the technology industry in Nevada, leaders are working to grow the field in the Silver State and attract larger tech companies, foster startups and support STEM education. Recently, technology experts met at the Las Vegas office of City National Bank to discuss these challenge and opportunities. Connie Brennan, publisher of Nevada … [Read more...] about Industry Focus: Technology
Retail Market: Nevada’s Retail Shows Slow, Steady Improvement
The retail component of Nevada’s commercial real estate industry continues to recover, with vacancy rates slowly dropping. Southern Nevada In the Silver State’s southern region, the retail sector shows “moderate recovery,” said John Restrepo, principal of RCG Economics, a Las Vegas-based firm providing market trend analysis and economic research. Lower gas prices have left … [Read more...] about Retail Market: Nevada’s Retail Shows Slow, Steady Improvement
A Little Birdie Told Me… The Danger of Sage-grouse in Nevada
At this point, it’s been the topic of several news articles, commentaries and has become a point of contention between Governor Sandoval and Attorney General Adam Laxalt. What, you may ask, could cause so much fuss? Just a little bird known as the Greater Sage-grouse. If you aren’t familiar with the bird and it’s relation to Nevada, I suggest you get up to speed quickly as this … [Read more...] about A Little Birdie Told Me… The Danger of Sage-grouse in Nevada
Giving Back
Corporate giving is not static and unchanging, but rather an evolving process dependent on economic realities for companies that choose to give back to the communities in which they’re doing business. “It’s a concept of partnership,” said Michael Brown, executive director and vice president of corporate affairs, Barrick North America. “We’re in the mining business, but we’re … [Read more...] about Giving Back
Workforce Issues
As Nevada claims the distinction of having the highest private sector job growth in the country, according to the Nevada Department of Employment, Training and Rehabilitation (DETR), decision makers are focusing on how the Silver State can best respond to workforce needs in an ever changing and diverse economy. “The economy is diversifying based on the economic development … [Read more...] about Workforce Issues
Industry Focus: Commercial Real Estate
Commercial Real Estate in Nevada is recovering from a tough recession. Brokers agree that the industry has improved, but some markets are clearly bouncing back more quickly than others. Recently, commercial real estate experts met at the Las Vegas Law Offices of Snell & Wilmer to discuss the factors affecting the overall health of the industry in the Silver State. Connie … [Read more...] about Industry Focus: Commercial Real Estate
Telecom Technology Advances Transform How Nevada Does Business
A Southern Nevada-based radiology practice of more than 60 physicians with numerous offices uses a custom-designed network linking all locations, including the physicians’ homes, in order to read films there any time of the day or night when on call. The technical arrangement demands an ultra high-speed connection. Cox Communications, a broadband communications and … [Read more...] about Telecom Technology Advances Transform How Nevada Does Business
Who is Marco Rubio? He’s a Contender
Standing out in a field of Republican candidates, many of whom with extremely strong qualities, is not easy. Regardless, Marco Rubio is quickly becoming a major contender in this Presidential race. Having performed well in the last two Republican debates and with an impressive record on conservative issues, Rubio was already on my radar when I had the opportunity to sit down … [Read more...] about Who is Marco Rubio? He’s a Contender
Arts & Culture: A Beautiful Business
Indicative of a major shift for Nevada, arts and culture have become more and more of a priority in recent years. One recent example of this shift, the national Americans for the Arts organization awarded NV Energy and its foundation one of 10 annual awards last month for their support of the arts in the Silver State. It was the first time a Nevada company won the recognition, … [Read more...] about Arts & Culture: A Beautiful Business
Investment Strategies: Designing the Perfect Portfolio
When it comes to investing, there is no shortage of strategies. Through a variety of resources from books to television to online, potential investors are inundated with information on the topic. The trick for any investor is how to turn that overload of investing information into a long-term investment strategy that will allow them to achieve their financial goals. For most … [Read more...] about Investment Strategies: Designing the Perfect Portfolio
Industry Focus: Accountants
Certified public accountants (CPAs) in Nevada are experiencing an interesting shift in their industry as tax laws change and experienced professionals work to train a new generation. Recently, executives in the CPA industry met at the Las Vegas offices of City National Bank to discuss both the challenges and opportunities facing the industry. Tarah Richardson, … [Read more...] about Industry Focus: Accountants
Legal Opinions 2015: A Resource for Doing Business in Nevada
For the fourth year in a row, attorneys throughout Nevada, specializing in a variety of areas, have pooled their collective knowledge in the Legal Opinions special report. The following pages feature several well-respected attorneys offering up their expertise in the form of articles written on subjects ranging from land use to intellectual property. An annual feature, … [Read more...] about Legal Opinions 2015: A Resource for Doing Business in Nevada
Nevada’s Residential Housing Market
One of the first questions that comes up during a discussion of the residential housing market is whether it’s a buyer’s or a seller’s market – who’s got the advantage? After the housing bubble burst in 2006 and the events of the recession, Nevada’s housing market began to grow again over the last four years, with 2013 stronger than 2014, and 2015 looking a lot like 2013. … [Read more...] about Nevada’s Residential Housing Market