First Hospice and Palliative Medicine Fellowship Program Coming to Nevada

Nevada’s first osteopathic fellowship program has the green light. The American Osteopathic Association approved Nathan Adelson Hospice for a Hospice and Palliative Medicine Program. The program is a collaboration between the hospice and Touro University Nevada. This is a first-of-its-kind fellowship in Nevada and one of only 11 in the nation, according to a recent statement… [More...]

Perry Ursem Joins Las Vegas Global Economic Alliance

The Las Vegas Global Economic Alliance announced that Perry Ursem has been appointed to the position of Vice President of Business Retention and Expansion.

Las Vegas – The Las Vegas Global Economic Alliance announced that Perry Ursem has been appointed to the position of Vice President of Business Retention and Expansion. As economic development efforts in Nevada continue to evolve at the state and regional levels and through cooperative efforts between agencies, Ursem will transition from the Nevada Governor’s… [More...]

Business Indicators: April 2014

Nevada business indicators: April 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “second” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.4 percent, lower than the 3.2 percent growth first reported in the “advance” estimate. The revision consisted of a smaller increase in personal consumption expenditures from third to fourth quarter 2013. Non-residential fixed investment, net exports… [More...]

Business Indicators: March 2014

Read Nevada business indicators: March 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “advance” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 3.2 percent, below the 4.1 percent growth experienced during third quarter 2013. Personal consumption expenditures, non-residential fixed investment, net exports and state and local government spending made positive contributions. Federal government spending and residential investment made… [More...]

Andrew Doughman Named Communications Director for Las Vegas Global Economic Alliance

The Las Vegas Global Economic Alliance announced that Andrew Doughman has been appointed to the position of Communications Director for the organization.

Las Vegas – The Las Vegas Global Economic Alliance announced that Andrew Doughman has been appointed to the position of Communications Director for the organization. Doughman, an experienced journalist, has written for the Las Vegas Sun, the Nevada News Bureau, the Seattle Times, the Orlando Sentinel, and the Spartanburg Herald-Journal.  A University of Washington graduate, Doughman has… [More...]

The Private Bank by Nevada State Bank releases latest High Net Worth Report focusing on municipal bonds

The Private Bank by Nevada State Bank released the 14th edition of its High Net Worth Report series, focusing on the municipal bond market.

LAS VEGAS – The tax-exempt status of many municipal bonds has made them an attractive investment alternative over the years, but recent trends have some investors rethinking their portfolio mix as rates are rising, bond prices are retreating and risk-reward profiles look different in 2014 than in 2013. The Private Bank by Nevada State Bank released… [More...]

Nevada State Bank Reports Net Earnings for 2013 of $18.8 Million

Nevada State Bank reported loan growth of $83.1 million and $198.8 million for the three and 12 months ended Dec. 31, 2013.

LAS VEGAS – Nevada State Bank (“the Bank”), a subsidiary of Zions Bancorporation, reported loan growth of $83.1 million and $198.8 million for the three and 12 months ended Dec. 31, 2013, respectively. Net income for the three and 12 months ended Dec. 31, 2013 was $2.1 million and $18.8 million, respectively. The fourth quarter income… [More...]

The Left’s New Agenda: Minimum Wage Hikes and Unemployment Benefits Aren’t the Key to Prosperity

Capitalism did not create poverty—it inherited it,” observed individualist philosopher Ayn Rand. Over the past centuries, capitalism has eradicated the previous conditions of widespread famine and starvation and has elevated the living standards of the poor to a level previously unheard of, even for kings. Today, even low-income Americans commonly enjoy cell phones, automobiles, a… [More...]

Business Indicators: February 2014

Read Nevada business indicators: February 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “third” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 4.1 percent, an improvement over the 3.6 percent growth reported in the “second” estimate. Higher levels of personal consumption expenditures and nonresidential fixed investment were responsible for the upward revision. Residential investment, net exports, and state… [More...]

TMC Financing remains top SBA 504 Lender in Clark County for third year in a row

TMC Financing announced a record breaking year in the Las Vegas market, providing over $22 million in SBA 504 financing.

TMC Financing announced a record breaking year in the Las Vegas market, providing over $22 million in SBA 504 financing.  In 2013, TMC approved financing for 38 business owners throughout Nevada. The financing provided businesses the capital to purchase commercial real estate and large equipment to expand operations.  This financing helped businesses create and retain 1,554 jobs… [More...]

Betting on Gaming in Nevada

Nevada and gaming go together like peanut butter and jelly, it has been Nevada’s foundation for so long it’s hard to think of one without the other.

Nevada and gaming go together like peanut butter and jelly. The industry has been Nevada’s foundation for so long it’s hard to think of one without the other. However, as gaming changes, Nevada has found itself adapting and learning to find new ways to earn revenue in a market that, it would appear, everyone wants… [More...]

January 2014: Business Indicators

Read Nevada business indicators: January 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “second” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 3.6 percent, an improvement over the 2.8 percent growth initially reported. Most of the revision was due to an acceleration of private inventory investment. Personal consumption expenditures, business fixed investment, residential investment, net exports and state… [More...]

December 2013: Business Indicators

Read Nevada business indicators: December 2013. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

Advanced estimates for third quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.8 percent, a slight improvement over the 2.5 percent growth experienced in second quarter 2013. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment, net exports, and state and… [More...]

November 2013: Business Indicators

Read Nevada business indicators: November 2013. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

Revised estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.5 percent, an improvement over the 1.7 percent growth first reported. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment, and state and local government spending all made positive… [More...]

October 2013: Business Indicators

Read Nevada business indicators: October 2013. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

Revised estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.5 percent, an improvement over the 1.7 percent growth first reported. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment and state and local government spending all made positive… [More...]

September 2013: Business Indicators

A look at September 2013 Business Indicators for the U.S., Nevada, Las Vegas, and Reno.

Estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 1.7 percent, an improvement over the 1.1 percent growth experienced in first quarter 2013. Federal government spending and net exports made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment, and state and local… [More...]

August 2013: Business Indicators

A look at August 2013 Business Indicators for the U.S., Nevada, Las Vegas, and Reno.

The “third” estimate for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 1.8 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports and state and local government spending all made negative contributions while personal consumption expenditures, private inventory investment, business fixed… [More...]

Made in Nevada: What Happens Here Goes Everywhere

Exports made in Nevada are growing healthily despite the lackadaisical economy.

America and the world want what Nevada’s got – and not just what’s on the Strip. Exports traveling from Nevada to points north, south, east and west are growing healthily despite the lackadaisical economy. Bolstered by visionary entrepreneurs, a solid workforce, smart tax policies and a state government that mostly knows when to help and… [More...]

July 2013: Business Indicators

July 2013: Business Indicators - U.S., Nevada, Las Vegas, Reno

Revised estimates for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 2.4 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports, and state and local government spending all made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, and… [More...]

June 2013: Business Indicators

Business Indicators for U.S., Nevada, Las Vegas, and Reno economies

Initial estimates for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 2.5 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports, and state and local government spending all made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, and… [More...]

Las Vegas Continues as Prime Destination for Professional Bowling

The South Point Hotel and Casino in Las Vegas will be the home for some of the nation’s biggest bowling events. Last week, South Point, the United States Bowling Congress (USBC), Las Vegas Events (LVE), and the Las Vegas Convention and Visitors Authority (LVCVA) announced a 12-year deal to host several annual USBC events, including the… [More...]

May 2013: Business Indicators

Nevada business news - May 2013: Around the State

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… [More...]