Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare in technologically advanced but less expensive venues, from Mexico to Thailand and parts in between. Now the term is starting to come home, often referring to domestic travel of American citizens within U.S. borders, traveling to find the … [Read more...] about Building a Healthy Economy
Features
Margin Tax Defeated? …Maybe Not
When we think we’ve seen it all, we get delivered another whammy! Do you remember all the commercials and reasons to defeat the ballot question seeking Nevadan’s approval for a Margin Tax? How can we so soon forget the barrage of commercials and editorials aimed at defeating that measure? Heck, I wrote some of them myself. Fortunately, the measure was overwhelmingly defeated… … [Read more...] about Margin Tax Defeated? …Maybe Not
Banking In Nevada: Beginning to Flourish
This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. This is one of many Silver State businesses contributing to increased demand for banking services. “Businesses cannot ignore the need for growth now,” said John Wilcox, the Nevada regional … [Read more...] about Banking In Nevada: Beginning to Flourish
Top Brokers 2015
As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business. The following pages highlight those brokers that performed at the top of their field in 2014. Brokers are listed alphabetically and separated by Northern and Southern Nevada. Broker’s were asked to submit a variety of information concerning their 2014 deals … [Read more...] about Top Brokers 2015
Manufacturing in Nevada: Jobs for the Future
“Think about the last time you were out of total physical contact with all manufactured goods,” asks Ray Bacon, executive director of the Nevada Manufacturer’s Association. “For most of us, we can’t even think about that time because it’s so omnipresent in our lives.” For that reason among many, it can be argued that, for Nevada, no other industry has as much potential for … [Read more...] about Manufacturing in Nevada: Jobs for the Future
Industry Focus: Attorneys
As Nevada’s economy sees improvements in a variety of industries, law firms continue to evolve in order to prepare for the future and better serve their clients. Recently, a group of Nevada attorneys met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, … [Read more...] about Industry Focus: Attorneys
A Developing State: Growing Economy Encourages New Projects
As Nevada’s economy picks up the pace, businesses are returning to Nevada and Nevada is returning to business – mostly. In Southern Nevada there’s no real wage growth, gaming revenues are down, home sales are slowing. At the same time, industrial property vacancies are dropping, flex space rents are low but flex spaces themselves are filling, and big box industrial space is … [Read more...] about A Developing State: Growing Economy Encourages New Projects
2015 Wish List: Eliminate Things That Don’t Make Cents
For many people, the New Year is a time to make resolutions to improve themselves, their families and their careers. It’s a time to set goals and it’s a time of the best of intentions. This year, I’d like to take a moment to share my wish list for 2015. Stop the government-sector from being controlled by union leaders. Doing so would save Nevadans millions annually while … [Read more...] about 2015 Wish List: Eliminate Things That Don’t Make Cents
Medical Education: Preparing for the Future of Healthcare in Nevada
Medical education in Nevada is growing and is poised for significant expansion. Collectively, the current and proposed changes will eventually go far in reversing the state’s shortages of medical students, physician residency programs, doctors and nurses. “Everything is about everybody getting bigger, everybody getting successful,” said Dr. Thomas Schwenk, dean of the … [Read more...] about Medical Education: Preparing for the Future of Healthcare in Nevada
Game Changers: Economic Development in Nevada
Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and … [Read more...] about Game Changers: Economic Development in Nevada
Industry Focus: Non-Profit
As the state continues its steady economic recovery, Nevada’s non-profit organizations have gotten creative in order to fulfill their mission. Collaborative efforts move forward making industry leaders optimistic about the coming years. Executives representing several non-profits throughout the state recently met at the Las Vegas offices of City National Bank to discuss the … [Read more...] about Industry Focus: Non-Profit
The Retail Market: Recovering with Measured Expectations
With a New Year upon us, real estate brokers and developers are dampening their expectations for the retail market in Nevada over the next couple of months and for the rest of 2015. Nevertheless, all of them see positive trends for the market and some reason to remain optimistic. “We are clearly in a recovery,” said Brendan Keating, principal with The Equity Group in Las … [Read more...] about The Retail Market: Recovering with Measured Expectations
Carpetbaggers or Statesmen? Nevada Legislators, Fix this Ridiculous Flaw!
The November elections may be over, but many people still have a bad taste in their mouths when remembering how some politicians conducted themselves. The unrelenting barrage of negative campaign ads was bad enough, but we actually had two Democrats running for Assembly who didn’t even live in the districts in which they were running. Meghan Smith, running for Assembly District … [Read more...] about Carpetbaggers or Statesmen? Nevada Legislators, Fix this Ridiculous Flaw!
Enjoy the Ride: Nevada’s Luxury Car Business
Nevada’s luxury car business dipped during the recession but rebounded fairly quickly, coming back strong. After all, given the demographics of luxury car buyers, the customer base has a bit more resilience and disposable income than other car buying populations. “Business is good and demand is high,” said Don Hamrick, general manager, Chapman Las Vegas Dodge Chrysler Jeep … [Read more...] about Enjoy the Ride: Nevada’s Luxury Car Business
Economic Forecast: 2015 Preview
Economists and industry analysts can, and will, argue over whether an economic recovery is as strong as numbers seem to indicate. However, they do agree the numbers show Nevada’s economy is on track to strengthen and add more jobs in 2015 because many of the impediments to faster growth have subsided. The unemployment rate has dropped to its lowest level in more than five … [Read more...] about Economic Forecast: 2015 Preview