The “third” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.6 percent, higher than the 2.4 percent growth first reported in the “second” estimate. The revision consisted of a larger increase in personal consumption expenditures from third to fourth quarter 2013. Nonresidential fixed investment, net exports and state … [Read more...] about Business Indicators: May 2014
Las Vegas business
If you could meet any fictional character, who would it be?
“Sydney Carton. His last words are a proclamation of hope for the future of mankind. ‘It is a far, far better thing that I do, than I have ever done; it is a far, far better rest that I go to than I have ever known.’” Mitchell D. Forman, D.O. | Dean & Professor, Touro University Nevada - “Buffy Summers because she is strong and resourceful and never gives up no matter … [Read more...] about If you could meet any fictional character, who would it be?
Lowering the Education Bar: Nevada and the U.S. shortchange students or are we becoming a Third World country?
Americans no longer expect quality, much less excellence, from our public education system, and U.S. students now lag behind those from other developed countries. What’s happening in Nevada is a prime example of the dumbing-down of our public schools. Nevada’s high school juniors have trouble passing the math proficiency exam that’s required for graduation. In fact, 70 … [Read more...] about Lowering the Education Bar: Nevada and the U.S. shortchange students or are we becoming a Third World country?
Educating Nevada’s Workforce: Higher Education in Nevada
Education and economy go together. It’s almost like an equation: education plus workforce equals a healthy economy. A top flight, community-involved system of higher education is a draw for new industries looking to locate within a state. There’s a need for research institutions, an educated, trainable workforce and a healthy feeder K through 12 school system that prepares … [Read more...] about Educating Nevada’s Workforce: Higher Education in Nevada
Nevada’s Utilities: Fueling the State’s Energy and Water Needs
As movers and shakers in Nevada’s utility industry plan for the future, they share a number of common bonds in the challenges they face. Future strategies are likely to make provisions for such factors as increased regionalization, new regulations, enhanced customer satisfaction, state-of-the-art technologies, alternative energies, drought conditions, greater management … [Read more...] about Nevada’s Utilities: Fueling the State’s Energy and Water Needs
Industry Focus: Power Women
Women executives are no longer a novelty in board rooms. They represent a growing percentage of businesses across the state. Nevertheless, women face a unique set of challenges and many believe the glass ceiling has not yet shattered. Recently, a group of successful female executives met at the Las Vegas offices of Gordon Silver to discuss issues facing women in … [Read more...] about Industry Focus: Power Women
It’s an Investment: Commercial Financing in Nevada
The construction industry continues to be the barometer for the severity of Nevada’s economic plight, but commercial real estate in particular is making enough improvement to spark interest from investors and private parties looking to benefit from the historically low interest rates. This means banks and other real estate lenders are revving up business again. Economic … [Read more...] about It’s an Investment: Commercial Financing in Nevada
Henderson: Built to Suit
Henderson, now in its 61st year, has evolved into a first-rate location for companies. Today, this progressive city delivers exceptional services and amenities for businesses, living up to its moniker: the Las Vegas Valley Address for Business Success. It’s home to many nationally and regionally known enterprises; others are in the process of making it so. More than 10,000 … [Read more...] about Henderson: Built to Suit
April 2014: Around the State
Nevada Leads the Way in Clean Energy According to a report from the Clean Energy Project, since 2010 Nevada has invested at least $5.5 billion in clean energy projects. The state ranks sixth in the United States in installed solar capacity and will host four major trade conferences for the clean energy sector this year. The industry is boosted in the Silver State because of … [Read more...] about April 2014: Around the State
Margins Tax Initiative: A Look at the Details
Running a business is no small feat in today’s economic environment. The negative impact of declining tax revenues from America’s businesses and citizens has been felt in local communities. These falling revenues are resulting in unprecedented steps being taken by municipality after municipality across the country. Closer to home, the example of North Las Vegas’ efforts to deal … [Read more...] about Margins Tax Initiative: A Look at the Details
Nevada State Bank: Established in 1959
Nevada State Bank (NSB), the largest state-chartered bank in Nevada, has grown along with the state for nearly 55 years, succeeding despite the economic challenges that managed to defeat many other financial institutions. Today, it operates 50 branches in 20 communities across the state, and has over $4 billion in assets. Beginnings: 1959-1979 In the late 1950s, a group of 12 … [Read more...] about Nevada State Bank: Established in 1959
Nevada Real Estate & Development Report: April 2014
E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing and Zions … [Read more...] about Nevada Real Estate & Development Report: April 2014
Retail Summary: Fourth Quarter 2013
Southern Nevada The Las Vegas retail vacancy rate fell below 10 percent or the first time since 2008 as it ended 2013 at 9.2 percent. The latest rate is down 0.2 percentage points from the prior quarter and represents a decline of 0.8 percentage points from the prior year. During the fourth quarter, the retail sector reported positive net absorption with 147,900 square feet … [Read more...] about Retail Summary: Fourth Quarter 2013
Business Indicators: April 2014
The “second” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.4 percent, lower than the 3.2 percent growth first reported in the “advance” estimate. The revision consisted of a smaller increase in personal consumption expenditures from third to fourth quarter 2013. Non-residential fixed investment, net exports and … [Read more...] about Business Indicators: April 2014
What is your personal philosophy regarding working with people?
“To always be aware of what people say they want and need. Then work together with integrity and all parties will achieve the desired results.” Jane Anthony | Sales Executive, LP Insurance Services, Inc. - “My philosophy is to have immediate connectivity with your customers. Do anything to help them. Talk a little, listen a lot, then over-deliver on their expectations. … [Read more...] about What is your personal philosophy regarding working with people?