According to revised data, U.S. real GDP grew at an annualized rate of 1.8 percent during third quarter 2011, which represents a gain over the second-quarter figure of 1.3 percent. Consumption spending and business fixed investment were particularly strong. U.S. nonfarm employment rose by 200,000 jobs in December, and the unemployment rate fell to 8.5 percent. Both consumer … [Read more...] about February 2012: Business Indicators
Nevada business
Economic Development: The New Plan
Revenue – money flowing in – is the life’s blood of any household, business or organization. For the state of Nevada, revenue forecasts for 2012 and beyond are mostly positive… but continue to hinge on a variety of factors close to home and half a world away. Progress is being made on a number of fronts to generate new and perpetuate existing revenue streams, even as dark … [Read more...] about Economic Development: The New Plan
Financing: It’s a Jungle Out There
A year ago, Ed Brown said Nevada’s business financing picture in 2010 was the worst he’d seen in his 35 years of administering small business loans for the U.S. Small Business Administration (SBA), describing it as “a bad time” and “depressing.” Minimal loans of any kind were being made. Funds were being pieced together from various sources. Some groups had no money to … [Read more...] about Financing: It’s a Jungle Out There
January 2012: Around the State
Health Care Partners Becomes an Accountable Care Organization Health Care Partners of Nevada has been selected to participate in the Pioneer Accountable Care Organization (ACO) Model, an initiative sponsored by the Centers for Medicare and Medicaid Services (CMS) Innovation Center. Through the Pioneer ACO Model, the company will provide beneficiaries with higher quality care, … [Read more...] about January 2012: Around the State
Michael D. Rounds: Watson Rounds
Managing Partner Las Vegas & Reno Number of Employees: 22 Years in Nevada: 13 Years with Company: 13 How did you first get into your profession? I was a student advocate in college and I represented students in disciplinary matters. I loved it and decided to go to law school. I saw the growth in Silicon Valley in law school and decided that intellectual … [Read more...] about Michael D. Rounds: Watson Rounds
Retail Summary: Third Quarter 2011
Las Vegas Vacancies among anchored-retail centers move upward as economic uncertainty continues to impact retailers. The market recorded 223,400 square feet of negative net absorption during the third quarter of 2011, pushing the vacancy rate up to 10.8 percent, an increase of 0.4 percentage points compared to the previous quarter (Q2 2011) and slightly ahead of the 10.7 … [Read more...] about Retail Summary: Third Quarter 2011
January 2012: Business Indicators
According to revised data, U.S. real GDP grew at an annualized rate of 2 percent during third quarter 2011, which represents a gain over the second-quarter figure of 1.3 percent. Consumption spending and business fixed investment were particularly strong. Preliminary indicators—such as retail sales, industrial production and trade—suggest U.S. real GDP will show even stronger … [Read more...] about January 2012: Business Indicators
What’s the biggest change you saw in 2011 as it relates to business?
“The biggest change was the emergence of the short-term foreclosure investor, who buys homes in homeowner associations at foreclosure sales. Short-term foreclosure investors are only interested in a quick resale at a profit, not the long-term health of the homeowners association, and oppose any regulation or fee imposed by an association.” Paul Terry • President of Community … [Read more...] about What’s the biggest change you saw in 2011 as it relates to business?
‘Tis the Season to Give: Businesses Help Nevada Communities
During the holiday season it’s natural to think about helping the less fortunate, but it’s also a good time to point out that Nevada businesses donate all year long to make our communities better. Despite what the progressives and the liberal media would have you believe, business owners and corporations are not the Ebenezer Scrooges of today. Businesses both large and small … [Read more...] about ‘Tis the Season to Give: Businesses Help Nevada Communities
Economic Forecast: What Lies Ahead
The year just ending wasn’t a great one but it was a better one, which is probably all Nevadans could ask of it. And the year ahead figures to be pretty much the same. While the reasons for optimism reflect well on the state economy’s inherent resiliency and strength, many of the negatives have more to do with national and international factors over which we have no … [Read more...] about Economic Forecast: What Lies Ahead
Power Women: Enough Said
The name says it all. Nevada’s Power Women are helping to shape the state and working for the betterment of our communities. They are in the trenches day in and day out with the goal of improving where we live and work. They say behind every great man is a woman; we say, behind every great state are several women. We’re honored to include this year’s Power Women in the … [Read more...] about Power Women: Enough Said
Industry Focus: Marketing
Doing business in a rapidly changing industry, marketing executives have adapted to and embraced new technologies and communication tools. They have braved the recession and have seen increased business in the past several months. Recently, executives representing marketing firms in Nevada met at the law offices of Holland & Hart in Las Vegas to discuss this changing … [Read more...] about Industry Focus: Marketing
Nevada Engineers: The Long Haul
Nevada resident David Frohnen had worked eight years as a managing principal for a global engineering firm when it laid him off in 2010 to downsize. He then started his own engineering firm, Frohnen Consultants, specializing in engineering and business and financial management consulting. To supplement that, he took a job with Silver State Analytical Laboratories Inc., which … [Read more...] about Nevada Engineers: The Long Haul
George J. Alexander: Clark County Medical Society
President-Elect and President of Dr. Alexander & Co. Las Vegas Number of Employees: 5 Years in Nevada: 17 Years with Company: 13 How did you first get into medicine? I was first exposed to the specialty in medical school while at Georgetown University, Washington, D.C., and became passionate about it as I progressed through my surgical training. What do you … [Read more...] about George J. Alexander: Clark County Medical Society
December 2011: Around the State
New Northern Nevada Company Aims to Protect Patient Information NVMedTech, an information security company, recently launched in Northern Nevada with the focus on helping independent healthcare practitioners keep patients’ health information protected. In order to help providers be compliant with new regulations, the company does a risk analysis and audit then provides a … [Read more...] about December 2011: Around the State