LAS VEGAS – Leading Southern Nevada business organizations are coming together to commit time, talent, and resources in order to accelerate student achievement, and are asking local business owners and executive decision makers to join them in a one-of-a kind activation event: The Business + Education (BE) Engaged Conference 2016: Accelerating a New Nevada. The conference, to … [Read more...] about Business Leaders Invited to Improve Educational Outcomes at Business + Education (BE) Engaged Summit 2016: Accelerating a New Nevada
Reno business
A Boon to Nevada’s Economy: Tourism Growth
A bright spot in Nevada’s economy, the tourism industry, has grown over the past few years and is a driving force behind Nevada’s comeback. In fact, the industry has grown to the point that Elko outgrew its convention center and Las Vegas plans to expand its facility. This hospitality/leisure sector accounted for 28.1 percent of the state’s total employment at the end of … [Read more...] about A Boon to Nevada’s Economy: Tourism Growth
Movers & Shakers: Mike Crowell
President and CEO National Championship Air Races (52 years in NV) “If you can take the emotion out of a decision you can make the right decision.” Type of Business: Special Events | Hails from: Columbus, Georgia | 1 year with company in Nevada | Based in: Reno How did you first get into your profession? My career in the soft drink industry started with a visit to a … [Read more...] about Movers & Shakers: Mike Crowell
Developers: New Projects Signal Improved Markets
As the welcome sights and sounds of industrial construction continue to pop up all around the Silver State, business decision makers agree that economic good times are coming back. With 200 million square feet of development sprinkled around the U.S., Europe and Canada, developers at Panattoni Development Company, Inc. are happy to have stuck with in Nevada for 17 … [Read more...] about Developers: New Projects Signal Improved Markets
Industrial Summary: Fourth Quarter 2015
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q4, 2015 was 4.7 percent, a rise of 0.3 points, from 4.4 percent in Q3, 2015. Q4’s increase was the first quarter that the vacancy rose in three years. Additionally, between November 2014 and November 2015, the number of industrial-space using jobs in the Valley jumped by 6.9 percent. The strong growth … [Read more...] about Industrial Summary: Fourth Quarter 2015
Business Indicators: February 2016
The third estimate for U.S. real gross domestic product (GDP) for the third quarter of 2015 reports a 2.0 percent annualized growth rate, revised down from the 2.1 percent rate for the second estimate. Strong consumer spending still remained a main contributor to U.S. economic growth in the third quarter. The continuing Chinese economic slowdown disrupted the U.S. stock market … [Read more...] about Business Indicators: February 2016
Nevada State Bank Promotes Desiree Belcher to Communications Officer
LAS VEGAS – Nevada State Bank has promoted Desiree Belcher to communications officer, supporting the Bank’s public relations efforts. Belcher is tasked with the development and implementation of communications plans and activities for internal colleagues as well as the public. Belcher joined Nevada State Bank in 2012 and was previously the internal communications officer for … [Read more...] about Nevada State Bank Promotes Desiree Belcher to Communications Officer
NCJFCJ Expands into New Downtown Reno Offices
Basin Street Properties, a prominent Northern Nevada real estate investor and developer, has signed a lease with the National Council of Juvenile and Family Court Judges (NCJFCJ) for 14,699 square feet in its 300 East Second Street building in downtown Reno, Nevada. The NCJFCJ focuses on improving the effectiveness of our nation’s juvenile and family courts. A 2,000 member … [Read more...] about NCJFCJ Expands into New Downtown Reno Offices
Connecting the State: Nevada Business Magazine Turns Thirty
This issue marks the first in our 30th Anniversary year and, as I reflect on the last three decades, I am struck by the progress we’ve made. Remaining a statewide voice for business, the only such publication in Nevada, has been no easy feat. The state’s economies, including Reno, Las Vegas and our rural communities, have divergent needs and providing a cohesive voice to all … [Read more...] about Connecting the State: Nevada Business Magazine Turns Thirty
Raising the Grade: Higher Education in the Silver State
Education, economy, workforce, workers: pieces of a puzzle that come together to form economic development for Nevada and the ability to make a living for each individual. According to the U.S. Bureau of Labor Statistics, educational attainment and income are linked. Earnings and unemployment rates by educational attainment show national unemployment rates of 2.1 percent for … [Read more...] about Raising the Grade: Higher Education in the Silver State
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
Industry Focus: Technology
Although there are challenges facing the technology industry in Nevada, leaders are working to grow the field in the Silver State and attract larger tech companies, foster startups and support STEM education. Recently, technology experts met at the Las Vegas office of City National Bank to discuss these challenge and opportunities. Connie Brennan, publisher of Nevada … [Read more...] about Industry Focus: Technology
Around the State: January 2016
RTC Introduces Yellow Dot Program The Regional Transportation Commission of Southern Nevada (RTC) has unveiled the Nevada Yellow Dot program. The program is a traffic safety initiative which incorporates a simple yellow dot window decal to alert first responders to critical medical information in order to improve emergency care for those involved in vehicle crashes or who … [Read more...] about Around the State: January 2016
Welcome to Nevada: January 2016
A new column for 2016, Welcome to Nevada will highlight some of the state’s newest companies. With a goal of celebrating economic development achievements and the diversification of the Silver State’s economy, the editorial staff at Nevada Business Magazine will publish some of the new companies that have relocated or started in the state and feature them in the Welcome to … [Read more...] about Welcome to Nevada: January 2016
Retail Market: Nevada’s Retail Shows Slow, Steady Improvement
The retail component of Nevada’s commercial real estate industry continues to recover, with vacancy rates slowly dropping. Southern Nevada In the Silver State’s southern region, the retail sector shows “moderate recovery,” said John Restrepo, principal of RCG Economics, a Las Vegas-based firm providing market trend analysis and economic research. Lower gas prices have left … [Read more...] about Retail Market: Nevada’s Retail Shows Slow, Steady Improvement