Las Vegas Named No. 1 Trade Show Destination For the 19th consecutive year, Las Vegas has been named the top trade show destination in the country, according to a list compiled by the Trade Show News Network. In 2012, Las Vegas hosted 53 of the largest shows, more than the next two competitors combined. The list represents the top 250 trade shows, ranked by net square footage. … [Read more...] about May 2013: Around the State
Nevada business
Industrial Summary: First Quarter 2013
Southern Nevada The Las Vegas industrial market reported a meaningful decline in vacancy rate, falling to 17.2 percent during the first quarter of 2013. Compared to the prior quarter, vacancies are down 50 basis points (0.5 percent), while compared to a year ago, they are down 70 basis points (0.7 percent). Approximately 690,600 square feet of positive net absorption was … [Read more...] about Industrial Summary: First Quarter 2013
May 2013: Business Indicators
Revised estimates for fourth quarter 2012 show U.S. real GDP increasing at an annualized rate of 0.4 percent, a little higher than the “second” estimated rate of 0.1 percent. Private inventory investment, federal government spending, and exports made negative contributions. The reduction in federal government spending comes after a surge in defense spending during third … [Read more...] about May 2013: Business Indicators
What was the first thing you bought with money you had earned yourself?
“At nine years old I started my first business renting sleds and toboggans out of my dad’s television repair shop. The business was booming and I was able to buy my first pair of skis that winter.” Scott Meier • Co-Owner, Right Now Air - “I was 14 and wanted the coolest shoes that everyone was wearing (Adidas). My dad said my shoes were just fine. I still wanted them; he … [Read more...] about What was the first thing you bought with money you had earned yourself?
Las Vegas Housing Market Improving
GLVAR reports increase in local home prices, traditional sales LAS VEGAS – Strong demand and a tight housing supply continue to push up home prices in Southern Nevada, according to statistics released today by the Greater Las Vegas Association of Realtors (GLVAR). The association's report shows existing home prices are now 30 percent higher than one year ago. With … [Read more...] about Las Vegas Housing Market Improving
The Right Person for the Right Job
What Employers are Offering to Find the Right Employees In January 2000, when unemployment in Nevada stood at 3.8 percent, everyone who wanted a job was working. Retention was key for businesses and if the quality employees that employers wanted to retain requested bright orange walls and a slide in the lunchroom, or wanted to work flex-time hours, employers did what they … [Read more...] about The Right Person for the Right Job
Industry Focus: Alternative Energy
Nevada’s alternative energy sector has seen a plethora of hills and valleys in recent years. From federal funding challenges to educating the general populace about alternative energy, the sector has seen its share of challenges. Recently, executives representing various alternative energy interests throughout the state met at the Reno offices of City National Bank to discuss … [Read more...] about Industry Focus: Alternative Energy
Risk Management: A Necessary Consideration
As president and owner of Heuer Insurance Company in Sparks, Larry Heuer is well aware of the catastrophic losses businesses have the potential to experience if they don’t practice appropriate risk management. As an example of sound risk management, however, he chooses to remember a client who suffered a large loss due to a fire caused by a tenant in one of his upscale … [Read more...] about Risk Management: A Necessary Consideration
April 2013: Around the State
IRS Announces Over $11 Million in Unclaimed Refunds for Nevadans The Internal Revenue Service (IRS) has announced that Nevadans who didn’t file a tax return in 2009 are entitled to over $11 million in unclaimed funds. The agency estimates a median $559 refund is waiting for just over 12,500 individuals in the Silver State. Returns from 2009 must be filed by April 15th of this … [Read more...] about April 2013: Around the State
Kaaran Thomas: McDonald Carano Wilson LLP
Attorney & Author Reno https://www.mcdonaldcarano.com/ What is the biggest challenge your industry is facing? The lack of skilled practitioners and judges. We’ve been overwhelmed by the number of bankruptcy filings and the complexity of the financial problems they pose. Congress needs to appoint more bankruptcy judges and the law schools need to turn out more … [Read more...] about Kaaran Thomas: McDonald Carano Wilson LLP
Colby Frey: Churchill Vineyards, Frey Ranch
Owner Fallon https://churchillvineyards.com/ How did you first get into your profession? I am a fifth generation Nevada farmer. My family owned some of the first deeded property in Nevada. My grandfather bought our farm in 1944 and my dad took it over from him in the 80’s, so it was only a natural fit for me to purchase it from him. You could say farming is in my … [Read more...] about Colby Frey: Churchill Vineyards, Frey Ranch
Scott Muelrath: Henderson Chamber of Commerce
President & CEO Henderson What would you want your legacy to future generations to be? To be remembered as a business visionary who had the desire to assist others and help them succeed in their business ventures. To be known as the man who helped navigate the Southern Nevada community to a post-recession era through the use of chamber resources and programs. If … [Read more...] about Scott Muelrath: Henderson Chamber of Commerce
Retail Summary: Fourth Quarter 2012
Las Vegas By the end of 2012, vacancies in the retail sector reached their lowest level since the first quarter of 2009. The vacancy rate ended the year at 9.9 percent, down 0.3 percentage points when compared to last quarter (Q3 2012). Compared to a year ago (Q4 2011) the rate is down an even greater 0.7 percentage points. The latest market activity suggests the retail sector … [Read more...] about Retail Summary: Fourth Quarter 2012
April 2013: Business Indicators
Revised estimates for fourth quarter 2012 show U.S. real GDP increasing by an annualized rate of 0.1 percent. Private inventory investment, federal government spending, and exports made negative contributions. The reduction in federal government spending comes after a surge in defense spending during third quarter, as a response to possible sequestration. In addition, Europe’s … [Read more...] about April 2013: Business Indicators
May 2012: Business Indicators
U.S. real GDP grew at an annualized rate of 3.0 percent during fourth quarter 2011, representing a substantial gain over the third-quarter rate of 1.8 percent. Consumption spending and inventory investment were particularly strong. Residential and business fixed investment slowed. Imports and government spending made negative contributions. U.S. nonfarm employment rose by only … [Read more...] about May 2012: Business Indicators