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
The Logistics of Economic Recovery: The Distribution Industry in Nevada
That big-box warehouse down the street may not be the prettiest feature of the Nevada landscape surrounding you, but next time you’re driving past it, consider this: It, and other facilities like it, might just save the state’s struggling economy. Nevada is poised to become a major distribution center in the West. According to a 2011 study commissioned by the State of … [Read more...] about The Logistics of Economic Recovery: The Distribution Industry in Nevada
Education Outlook: Slashed Budgets and Failing Grades
A year ago, the Silver State was ranked 50th in the nation for the quality of its public K-12 education, in an Education Week survey, and was reeling from monumental budget cuts for K-12 and higher education for the 2009-10 biennium that few felt we could recover from. Now, a year later, Nevadans face even greater cuts, totaling 29 percent from higher education, and 27 … [Read more...] about Education Outlook: Slashed Budgets and Failing Grades
Work in Progress: An Update on Employment in Nevada
It seems like just yesterday that Nevada was the land of opportunity—the fastest growing state in the nation, with one of the healthiest economies. But the recession has created a vacuum that has given Nevada the highest unemployment rate in the country; at 14.3 percent in November, our rate was 2 points higher than even woebegone Michigan. The Silver State is officially the … [Read more...] about Work in Progress: An Update on Employment in Nevada