Four segments of the economy take raw materials and turn them into things: mining, agriculture, construction and manufacturing. Of those, manufacturing may be the one that works the most with the others, from food manufacturers to construction (on-site manufacturing) and mining. Ray Bacon, executive director, Nevada Manufacturer’s Association, said, “If you wanted to barbecue … [Read more...] about Nevada Industry Excellence
Archives for September 2011
Merriam-Webster’s defines integrity as “a firm adherence to a code of moral values (incorruptibility).” Words related to integrity are: character, decency, goodness, honesty, morality, righteousness, uprightness, and virtue. Opposites include evildoing, immorality, sin, villainy, and wickedness. Whether you are Liberal or Conservative, I would like to ask you if you feel our … [Read more...] about Integrity in Government: An Endangered Species
The race for the seat vacated by Senator John Ensign, and currently held by Senator Dean Heller, promises to be among the most hotly contested races in Nevada history. Governor Sandoval appointed Heller to the Senate seat in May of this year, upon Ensign’s resignation. That seat is up for grabs and will be decided by Nevada voters in the November 2012 election. Heller, a … [Read more...] about Berkley vs. Heller: Game On!
Embezzlement. Identity fraud. Data loss. Copyright infringement. Hacking. Robbery. These are only a sampling of potential threats to a business—the list is long. “There are so many different opportunities for crooks to take advantage. Everything has changed from what it was 20 years ago,” said Joe Martin, Jr., chief executive officer and co-owner of Reno-based Martin-Ross … [Read more...] about Security at Work: How to Protect All of Your Company’s Assets
Mining executives seeking to dispel myths about their industry and educate Nevada business leaders on the state of mining recently gathered at the Reno offices of Holland and Hart for a roundtable discussion. These executives have numerous projects in the pipeline in Nevada. Many are still in the lengthy permitting process. Their projects will bring job opportunities to … [Read more...] about Industry Focus: Mining
Remember when buying a home was as simple as liking the neighborhood, peeking inside closets, flushing the toilets and filling out papers? These days, Nevada’s residential real estate market is a maze to be navigated, with buyers and sellers alike having to juke and swivel around such things as turbulent national and state economies, a saturated market, rampant unemployment, … [Read more...] about A “Fixer Upper”: Navigating the New Residential Market
Clark County Voter Registration Rises in Mid-2011 According to a report from Applied Analysis, new voter registrations in Clark County rose during the second quarter of 2011, an occurrence likely due to the lead up of municipal elections in June. Additionally, there has been a downward trend in Democrat registrations, which has come largely at the expense of rising interest … [Read more...] about September 2011: Around the State
CEO Reno, NV Number of Employees: 9 Years in Nevada: 17 Years with Company: 2 How did you first get into your profession? I entered the real estate profession in 1994, after years as a radio and television news reporter and anchor. We moved to the Carson Valley area to raise our children, and I became a successful Realtor, then a co-owner of a leading firm in the … [Read more...] about Rob Wigton: Nevada Association of Realtors (NVAR)
Each year, lobbyists flock to Carson City to push or fight legislation that stands to impact their clients’ businesses. Representatives from every sector across the state work tirelessly to ensure their voice is heard. Always present but often behind the scenes are the advocates for Nevada’s commercial real estate industry - the hardest hit sector in the great recession. This … [Read more...] about 2011 Legislative Session in Review: How Nevada’s Commercial Real Estate Industry Fared this Year
There is no doubt that Nevada has been one of the hardest hit economies not only in the United States, but even the world. Our double-digit unemployment rate is the highest in the nation month after month – exceeding even Greece’s unemployment. Our housing market is second only to Detroit’s, with more than 70 percent of Las Vegas area mortgages under water and no signs of … [Read more...] about The Dreaded “R” Word —- Revenues
Las Vegas Demand for office space in the Las Vegas valley remains relatively weak as new product entered the market. Inventory rose during the quarter to 50.4 million square feet as two new projects were completed. Office space totaling 145,000 square feet as part of the first phase of Tivoli Village and nearly 8,200 square feet of space on Henderson’s historic Water … [Read more...] about Office Summary: Second Quarter 2011
U.S. real GDP grew at an annualized rate of 1.3 percent during second quarter 2011, up from the revised first quarter estimate of 0.4 percent. U.S. non-farm employment increased by an anemic 117,000 jobs (seasonally adjusted) in July, which represents an improvement over the May and June figures of 25,000 and 18,000, respectively. Mostly as a result of declining labor-force … [Read more...] about Business Indicators: September 2011
“No single industry has the greatest potential as each industry -- directly or indirectly-- is reliant on others. Unemployment is extremely high in this state. Once we are able to put people back to work, regardless of industry, our economy will start to grow and all industries will benefit. “ David Stone • President, Nevada Association Services, Inc. “Gaming! The opening … [Read more...] about What Nevada industry has the greatest potential to contribute to a turnaround?