Steve Swanson knows a thing or two about beautiful, water-smart landscapes. As the former superintendent at three Red Rock Country Club golf courses, he helped transform 135 acres of grass bordering the course into attractive, yet drought-tolerant, landscape. “As water rates increased, we had to look at how to make this a viable business. It was an easy decision for us from … [Read more...] about Landscape Upgrades
Archives for February 2020
Election Season is Upon UsLet The Games Begin
As difficult as it is to believe, it’s election season. It’s that wonderful time every couple of years when citizens are bombarded with campaign messages from the media, outdoor, online and virtually every imaginable source, all in an effort to get candidate’s names and faces in front of voters. Between messaging from national and local campaigns, debates and commentary, it’s … [Read more...] about Election Season is Upon Us
Betting on NevadaGaming Industry Outlook
Nevada’s gaming industry is the biggest employer in Nevada and the most important sector in the state’s economy. In fiscal year 2018, the hospitality industry accounted for nearly 38.9 percent of the state’s total tax revenues and supported 450,100 jobs. While economic development agencies continue their efforts to diversify the Nevada economy, gaming will continue to be its … [Read more...] about Betting on Nevada
Banking on NevadaA New Decade is Dawning
The economy and the banking industry mirror each other, and both are doing well in Nevada as the new decade begins. “We have one of the best economies in the country as measured by employment growth and in-migration, all those key metrics that we watch so closely, those are really strong right now. That generally means that the banking industry’s going to do … [Read more...] about Banking on Nevada
Industry FocusBuilders & Developers
Over the past decade, builders and developers in Nevada have seen a host of changes and have had to adapt to a difficult and quickly changing economic landscape. Leaders in this industry recently met at the Las Vegas offices of City National Bank to discuss the future of building and development in Nevada. Connie Brennan, publisher and CEO of Nevada Business … [Read more...] about Industry Focus
Office ProjectsFor a New Generation
The signals to office developers to develop are typically simple. Economic growth creates demand for office space, existing buildings begin to fill, rents rise and developers can make new projects pencil out. That’s happening, sort of, across Nevada these days. Vacancy rates in office buildings have fallen to about 12 percent in Las Vegas and about 11 percent in Reno, and … [Read more...] about Office Projects
The War on the ‘Gig’ Economy is Bad News for Workers
From minimum wage to mandatory paid leave, politicians are making it increasingly more expensive for many companies to hire workers. California’s recent attack on the “gig” economy is a perfect illustration of this kind of ostensibly “pro-worker” regulation that actually ends up hurting the very working-class people it is, ostensibly, supposed to help. And Nevadans should … [Read more...] about The War on the ‘Gig’ Economy is Bad News for Workers
Brad Bottoset
Owner/Broker, The Liberty Group of Nevada, LLC Type of Business: Business BrokersBased In: Reno, NevadaHails From: Windsor, Ontario Canada Years Company Has Been in Nevada: 15Years with Company in Nevada: 15Employees with Company: 6 What was your first job? At 14 years of age I worked as a fish fryer at Arthur Treacher’s Fish & Chips. I was lucky enough to have … [Read more...] about Brad Bottoset
Commercial RE ReportIndustrial Summary: Fourth Quarter 2019
Northern Nevada By CBRE Reno The industrial market continues to exhibit robust demand, finishing the year with 2.5 million square feet of net absorption, bringing the year-end total to 3.7 million square feet. This was the seventh consecutive year where occupancy gains exceeded 3.5 million square feet. Overall, tenant demand remained diverse over the course of 2019 … [Read more...] about Commercial RE Report
Business IndicatorsFebruary 2020
The “third” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2019 grew at an annual rate of 2.1 percent. Overall, strong consumer spending primarily drove real GDP growth in the third quarter, and weaker business investment and imports slowed real GDP growth. U.S. nonfarm employment added a less-than-expected 145,000 jobs in December. The employment … [Read more...] about Business Indicators
Last WordWhat Challenges do you Face as a Working Parent?
Ricky D. Gourrier, Sr. President Tri-Strategies “My job requires a large amount of travel, including relocating to Carson City every other year to lobby for my clients. FaceTime helps me keep in touch and engaged with my son and wife.” Morgan Lefever Studio Director studio g ARCHITECTURE “As a working mother raising a daughter, I find it important to … [Read more...] about Last Word