Faced with poll numbers that show him falling behind in the 2010 Senate election, Senator Harry Reid has already begun claiming that Nevada cannot risk losing him because of the political influence he wields in Washington. As Senate Majority Leader, his powerful position supposedly gives him the clout to bring more jobs and more federal grants to Nevada -- but has Harry been … [Read more...] about Anyone BUT Harry: What has he really done for Nevada?
Archives for March 2010
This new year will forever be characterized as the year that began in one of the worst economic recessions in history. With that discouraging note, many executives are choosing to focus on the possibilities evident in the future rather than the downfalls we’ve seen in the past couple of years. In the eighth annual Power Poll executives surveyed had a much more realistic view … [Read more...] about Power Poll 2010
Unemployment hit 13 percent in Nevada in January, the second highest after September’s 13.3 percent. It’s not a good time to be an employee in the state of Nevada. That said, it’s not such a great time to be an employer, either. Much of the focus of the collective public attention is on employees and the statistically significant number of people out of work or … [Read more...] about Nevada’s Workforce in Today’s Economy
Alternative energy is a hot-topic in today’s market. Whether through the creation of more jobs or making energy more efficient and cost effective, alternative energy appears to be Nevada’s future. Executives representing several alternative energy companies recently met at the law offices of Holland & Hart in Reno to discuss the issues facing this booming … [Read more...] about Industry Focus: Alternative Energy
Nevada’s Teen Unemployment Rate is Second Highest in Nation According to the Bureau of Labor Statistics, not only is Nevada one of the hardest hit in the nation in regards to unemployment but Nevada teens are especially affected with the teen unemployment rate 30 percent higher than the national average. According to the Employment Policies Institute (EPI) the blame for this … [Read more...] about March 2010: Around the State
Dear Members and Friends, Today, Southern Nevada is essentially facing the same challenge it has faced for over a decade; access to quality healthcare. There are many reasons that Southern Nevada is a premier place to live and excellent healthcare services need to become one of those reasons. At the Southern Nevada Medical Industry Coalition, we have been lucky to … [Read more...] about Southern Nevada Medical Industry Coalition: A Collaborative Effort to Improve Southern Nevada’s Health
President Las Vegas, NV Number of Employees: 23 Years in Nevada: 44 Years with Company: 10 How do you encourage growth and development within your company? The most important thing is to know your people. We have taken the time at FAL to know and understand our staff. We know what inspires them and what their innate talents and skills are - we focus our … [Read more...] about Ronnie Sloan: Fair, Anderson & Langerman
Nevada faces a budget shortfall because its government, once again, grew too much, too quickly. However, now that the boom is over and revenues are down, the usual suspects are once again clamoring for a “broader tax base.” In 2008, Terry Lanni, then-CEO of MGM Mirage, called for “broader” business taxes, asserting that “every large business that benefits from operating in … [Read more...] about What Could Have Been: What if Nevada had shown some restraint in education spending?
By now, the majority of businesses will have their books and records together from 2009, and are ready to meet with a CPA. Many of have already signed tax returns and are looking into the future, wondering what changes Congress might throw at small businesses as the recovery slowly moves along. Change was the message of the last election and it is something everyone deals … [Read more...] about The Times They Are A-Changin’: Managing Business Change
The industrial real estate landscape in Nevada has turned upside down over the last 24 months, going from too little to, thanks to the turbulent economy, too much. The result has not been pleasant. Nor is the situation expected to reverse itself any time soon. Nevada “is definitely suffering” from the overage, according to Doug Roberts, Senior Vice President/Project … [Read more...] about Industrial Market: From Too Little to Too Much
Las Vegas The Las Vegas Valley office market reported its worst year on record, posting record-high vacancies, net move-outs and price declines in 2009. Net absorption, or the change in the amount of occupied space between periods, remained negative for the fifth consecutive quarter. At the end of the fourth quarter, there were 38.1 million occupied square feet, the lowest … [Read more...] about Office Summary: Fourth Quarter 2009
The US economy exploded with new growth in the fourth quarter of 2009 as GDP growth soared to a 5.7% annualized growth rate. In the 3rd quarter, real GDP advanced at an annual rate of 2.2%. GDP, a measure of the total value of all final production in the US, is composed of investment by firms and individuals, consumption by households, government spending, and exports less … [Read more...] about March 2010: Business Indicators
“Our company cannot do without quality right-fit clients who see us as a vital partner in helping them grow their business and not just a vendor. Clients are, and will always be, the lifeblood of our business and the reason we are passionate about positioning people and their companies to grow and succeed!” Darcy K. Neighbors • Founder and Chief Executive Officer, CIM … [Read more...] about What is the one thing your company cannot do without?