American businesses are finally emerging from the recession – some of us survived bruised and battered, others didn’t make it and some companies managed to succeed by a combination of business smarts, ruthless cost-cutting and just plain luck. If the value of going through a crisis lies in the lessons we learn from it, maybe it’s time to ask what our experiences during the … [Read more...] about Lessons Learned: Integrity Matters
Las Vegas business
Nevada’s Employment Landscape: Drawing on New Opportunities
It’s been a while now since the start of the nation’s recession that so harshly impacted Nevada. At its peak, in October 2010, the state’s unemployment rate hit 13.8 percent, and activity in numerous sectors dropped drastically. About two years ago, Governor Sandoval called for the creation of 50,000 Nevada jobs by the end of 2014. Numerous organizations—for economic … [Read more...] about Nevada’s Employment Landscape: Drawing on New Opportunities
Power Poll 2014: The Bounce Back
Optimism characterizes the mood of Nevada executives this year. Whether it’s waving goodbye to the recession or already having moved on to bigger and better things, business owners and executives have officially brushed off the oppressive economy and are now working on the bounce back. The 2014 Power Poll marks the twelfth year executives have weighed in on various issues … [Read more...] about Power Poll 2014: The Bounce Back
Workin’ Out at Work: Corporate Wellness in Nevada
Wellness programs are becoming more popular in today’s economy as both employers and employees alike work to keep healthcare costs down. Wellness programs are workplace programs that promote healthy lifestyle choices, offer opportunities to take control of health issues and cut healthcare costs. Programs may include education, athletic opportunities, on-site medical … [Read more...] about Workin’ Out at Work: Corporate Wellness in Nevada
Digging up the Debt: Nevada’s Collections Industry
While a noticeable lack of silver in the Silver State has put the pinch on residents and businesses in recent years, one of the few industries to have thrived has been debt collections. As a result of the state’s heavily touted, sky-high unemployment rates, we've seen explosive growth not only in foreclosures but also in household debt. According to Consumer Reports, in … [Read more...] about Digging up the Debt: Nevada’s Collections Industry
Nevada Real Estate & Development Report: March 2014
E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun construction on a … [Read more...] about Nevada Real Estate & Development Report: March 2014
Nevada Celebrates Her Sesquicentennial: 150 Years of Statehood
By executive order of Governor Brian Sandoval, the Nevada 150 Commission has planned a series of events, gatherings, exhibits and legacy projects to commemorate Nevada’s Sesquicentennial, a once-in-a-lifetime opportunity to showcase the unique contribution of Nevada’s rich culture and history. The yearlong celebration includes official community-based and signature Nevada 150 … [Read more...] about Nevada Celebrates Her Sesquicentennial: 150 Years of Statehood
March 2014: Around the State
Las Vegas Metro Chamber Joins the Board of the USTA The Las Vegas Metro Chamber has become the first metropolitan chamber of commerce in the nation to join the board of the United States Travel Association (USTA). The move signals the increased involvement of the chamber in travel and tourism. The USTA engages in a range of policy issues from visa reform, immigration and … [Read more...] about March 2014: Around the State
Dermody Properties
When businessman John Dermody accepted the Nevada franchise for the Philco Appliance Company and relocated his family to Reno in 1950, little did anyone suspect that this move would be the catalyst that created a successful industrial development company, Dermody Properties. Appliances after World War II were like cell phones are today… consumers couldn’t get enough of them. … [Read more...] about Dermody Properties
How Healthy is Nevada?
Here’s the bad news. When it comes to overall health, Nevada ranks in the lower half among all 50 states. That’s according to the 24th annual America’s Health Rankings from United Health Foundation. The report, the longest running of its kind in the country, placed Nevada No. 37 among all 50 states for overall heath, which is the same ranking the state received last year. … [Read more...] about How Healthy is Nevada?
Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
Imagine watching an NBA game. With the Los Angeles Lakers leading the Boston Celtics 95 to 82 in the fourth quarter, the referees stop the game and award the Celtics 15 of the Lakers’ points and make the score 97 to 80 with the Celtics now leading. That would be outrageous and unjust, wouldn’t it? The Lakers earned their points, and it would be wrong for the … [Read more...] about Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
Office Summary: Fourth Quarter 2013
Southern Nevada The Las Vegas office sector ended 2013 on a somewhat positive note as it reported positive net absorption for the third consecutive quarter. While the vacancy rate remains elevated, the latest period represents a decline of 0.2 percentage points compared to the prior quarter. Compared to a year ago, the rate is down 0.3 percentage points. During the quarter, … [Read more...] about Office Summary: Fourth Quarter 2013
Business Indicators: March 2014
The “advance” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 3.2 percent, below the 4.1 percent growth experienced during third quarter 2013. Personal consumption expenditures, non-residential fixed investment, net exports and state and local government spending made positive contributions. Federal government spending … [Read more...] about Business Indicators: March 2014
What is your most prized possession?
“My first answer would be my family, but after that I would have to say my bed. My mattress, sheets and pillows are so wonderful that even when I don’t get my eight hours (due to our hectic schedules) I still feel refreshed.” Stephanie Angold | Founder/Owner, The Find in Reno - “My most prized possession would have to be all my photos from traveling through Italy, South … [Read more...] about What is your most prized possession?
Southern Nevada Home Prices Stable
Southern Nevada home prices for January were unchanged from the previous month. That is according to the most recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median home price for a single-family home sold was $185,000. That is over 23 percent higher than January of last year. “January is usually one of our slowest months for home … [Read more...] about Southern Nevada Home Prices Stable