Nevada is in a unique position. While the Silver State has always boasted a business-friendly environment, tourism serves as the backbone of its economy. But, with recent reports of significant declines in Nevada’s tourism industry, which contributes significantly to the state's coffers, state leaders are working harder than ever to diversify Nevada’s economy. This … [Read more...] about Industry Focus
Governor's Office of Economic Development
Women to Watch 2025Kicking Up Their Heels and Getting to Work
“Sure he was great, but don’t forget that Ginger Rogers did everything he did … backwards and in high heels.” This pithy comic strip* comment about Fred Astaire underscores the grace in which women in business conduct themselves. Kicking up their heels to get things done or kicking them off at the end of a hard day, the 2025 Women to Watch redefine success. … [Read more...] about Women to Watch 2025
Workforce Development is Economic DevelopmentWorkforce Connections’ Role in Nevada’s Growth
Economic development is intrinsically connected to workforce. This truth is recognized by leaders in a region that has spent several decades working to diversify its economy and grow in a healthy, holistic way. An integral part of that solution is Workforce Connections, one of two Nevada local workforce development boards charged with the mission of fostering a workforce that … [Read more...] about Workforce Development is Economic Development
Extreme Takeoffs and Soft LandingsEconomic Forecast 2024
Welcome to 2024. Following three years of economic extremes, from historic high unemployment and business lockdowns to the pandemic-caused bust and stimulus-caused boom, it's been a ride. The Governor's Economic Advisory Council, launched in tumultuous 2020, is lead by Bob Potts, deputy director, Governor's Office of Economic Development (GOED). The council collects data … [Read more...] about Extreme Takeoffs and Soft Landings
Strategic Planning for the Silver StateEconomic Development and Utilities
Despite a global pandemic that had many quarantined to their homes, the Southwest has seen a large increase in population over the last several years. Nevada in particular has become a choice spot for business relocation, especially from neighboring states like California that are buried in bureaucratic red tape. And while an increased workforce bodes well for economic growth … [Read more...] about Strategic Planning for the Silver State
Around the StateApril 2021
Sand Reaches Agreement to Sell Las Vegas Property Las Vegas Sands Corp. has entered into definitive agreements to sell its Las Vegas real property and operations for approximately $6.25 billion. The Venetian Resort Las Vegas and the Sands Expo and Convention Center are both part of the agreement. Under the terms of the agreement, an affiliate of funds managed by Apollo Global … [Read more...] about Around the State
Industry Focus: Mining
Outside of the rural communities, most Nevadans don’t understand the industry of mining, even though it accounts for a large amount of the state’s economy. Executives from mining organizations throughout the state recently met at the Reno offices of City National Bank to discuss their industry and dispel some of the common myths about miners. Connie Brennan, publisher and … [Read more...] about Industry Focus: Mining
Taking Nevada to the World: Globalization and Nevada’s Place in the International Market
Dublin, Ireland, Santiago, Chile, Poland and Germany are just some of the places you can buy Nevada-made items. Nevada products aren’t just for Nevadans anymore and Nevada companies aren’t just thinking local – they’re taking their products around the world. At the same time, foreign companies are looking to operate in Nevada, bringing new jobs to the state. “Nevada … [Read more...] about Taking Nevada to the World: Globalization and Nevada’s Place in the International Market
Slow & Steady: Economic Development in Rural Nevada
From McDermitt and Montello in the north to Laughlin in the south, Nevada’s rural cities struggle to foster economic development but desperately need it. Each locale differs, in terms of primary economic sectors, natural assets and location for instance. However, common themes have been for some, and continue to be for others, dilapidated downtowns, struggling businesses and … [Read more...] about Slow & Steady: Economic Development in Rural Nevada
City of Henderson: City of the Future
At a time when technology makes daily leaps from innovation to reality, it’s people and the companies they form that bring the awe factor to life. In Henderson, both innovations and innovators are celebrated and cultivated, from the entrepreneurial spirit of downtown Henderson to the city being home to nationwide firsts. It’s people that transform a city into a City of the … [Read more...] about City of Henderson: City of the Future
Are We There Yet? Nevada Roadways
Five topics are currently driving conversations about transportation in Nevada: new funding, new roads, new modes of transportation, new technology and orange cones. No discussion of transportation is complete without orange cones. Conversations aren’t always friendly, but they do allow information to flow on why cones are out there and which transportation agency is trying … [Read more...] about Are We There Yet? Nevada Roadways
Rural Nevada: All Boom No Bust
The price of gold has been hovering around $1,300 an ounce lately, down more than 25 percent from its peak of over $1,800 in 2011. In times past, that would have been a sure signal for the bottom to fall out of the economy in many of Nevada’s rural counties, for which the boom-and-bust cycles of the mining business come as regularly as a spectacular desert sunrise. But, … [Read more...] about Rural Nevada: All Boom No Bust
Lt. Gov. Hutchison, Switch Executive to Speak at Valley Electric Association Annual Meeting
Community members invited to VEA’s largest event of the year PAHRUMP – Lt. Gov. Mark Hutchison will be the keynote speaker at Valley Electric Association’s 2016 Annual Meeting, April 23, at Pahrump Valley High School. Hutchison will give VEA member-owners an economic update of Nevada. Also speaking will be Jason Mendenhall, executive vice president of Cloud at Switch. … [Read more...] about Lt. Gov. Hutchison, Switch Executive to Speak at Valley Electric Association Annual Meeting
Industry Focus: Economic Development
Economic development continues to be an important priority for the Silver State. Many factors go into diversification including incentives for businesses, education and workforce training. And, while strides have been made in attracting new industries to the state, there is still a long way to go. Recently, leaders of economic development met at the Las Vegas office of City … [Read more...] about Industry Focus: Economic Development
Tenth Annual Healthcare Heroes
Legacy Celebrating its 10th year, Healthcare Heroes began with the dual goal of honoring individuals that excel in healthcare and helping fund scholorships for Nevada’s future healthcare educators. After realizing there wasn’t a program in place to honor individuals that have done amazing things to propel healthcare in the Silver State, Healthcare Heroes was born with 10 … [Read more...] about Tenth Annual Healthcare Heroes