“Before March 2020, Nevada led the country in producing new jobs,” said Jonas Peterson, president and CEO, Las Vegas Global Economic Alliance (LVGEA). “Our economic development plan was working, and our economy was consistently becoming more diverse.” Across the state, manufacturing, logistics, distribution, technology and healthcare sectors were growing. In February, Nevada’s … [Read more...] about Economic Development in the Time of COVID-19
Jonas Peterson
Industry FocusEconomic Development
The economy is constantly changing and, there are many factors at play when it comes to determining economic health. Thankfully, according to economic development leaders, Nevada is in a position to create positive outcomes. Recently, executives representing economic development in the Silver State met at the Las Vegas office of City National Bank to discuss Nevada’s future. … [Read more...] about Industry Focus
Adaptive TrainingWorkforce in Nevada
Numerous factors are contributing to today’s dynamics of workforce training in Nevada—the approach, the offerings and the delivery—which continue to evolve to meet the needs of employers and employees. The Silver State keeps creating jobs at a record pace, the fastest in the United States for the sixth consecutive month as of the end of March 2019. Then, the year-over-year … [Read more...] about Adaptive Training
Business Roots: Nevada’s Economic Development History
The Silver State has a unique origin story. Despite being much less economically viable and populated, Nevada beat out the other territories to become a state in 1864 because of its Republican and pro-Union leanings. President Abraham Lincoln fast-tracked the process, surpassing Congress, to ensure ultimately three electoral votes for his re-election and bolster Republican … [Read more...] about Business Roots: Nevada’s Economic Development History
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