Source: UNLV Center for Business and Economic Research The United States is experiencing continued growth with largely positive economic signals from several key indicators. The second estimate of real gross domestic product (GDP) for 2026Q1 continues to expand at a moderate pace, with annualized and year-over-year growth rates of 1.6 and 2.6 percent, respectively, slightly … [Read more...] about Business Indicators
U.S. Bureau of Labor Statistics
Economic Forecast 2022Nevada’s Economy Recovering – But Coronavirus Still Haunts State
Last year’s theme for Nevada’s economy was one of recovery versus recession as the state entered 2021 with coronavirus restrictions still in place. As the year progressed those restrictions slowly eased allowing for gaming revenues to recover, even as thousands of employees remain sidelined. The recovery was also assisted by employment recovering to pre-coronavirus levels in … [Read more...] about Economic Forecast 2022
Commercial Real Estate Market in Southern Nevada a Mixed Bag, with Retail Leveling off While Area Adds Office and Industrial Space
LAS VEGAS – A report released by Xceligent and the Commercial Alliance Las Vegas (CALV) shows the commercial real estate market in Southern Nevada to be a bit of a mixed bag, with the retail market leveling off in the first quarter of 2017 and the office and industrial markets absorbing space almost as fast as it’s being built. CALV President Jennifer Ott, CCIM, and a … [Read more...] about Commercial Real Estate Market in Southern Nevada a Mixed Bag, with Retail Leveling off While Area Adds Office and Industrial Space
Industry Blueprint: The New Normal for Architects and Engineers
The construction industry is still rebuilding after the recession. One of the hardest hit industries, construction employment declined nationally by 13.7 percent during the downturn, according to the U.S. Bureau of Labor Statistics. “In Las Vegas, construction didn’t really slow down,” said Robert Finnegan, PE, Finnegan Erickson Associates (FEA). “It stopped.” That stopage … [Read more...] about Industry Blueprint: The New Normal for Architects and Engineers
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
What Generation Y Really Wants From Work
As the saying goes, “don’t believe everything you hear.” The case of Gen Y is no exception. A survey commissioned jointly by Robert Half and Yahoo! HotJobs reveals a very different picture of this group of young workers – one that emphatically contradicts many of the stereotypes circulating. As an employer or manager, it’s worthwhile to take a fresh look at this energetic, … [Read more...] about What Generation Y Really Wants From Work
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