Get to Know Business Leaders Throughout Nevada Terry Shirey President and Chief Executive Officer Nevada State Bank Serving as the president and chief executive officer for Nevada State Bank, a division of Zions Bancorporation, N.A. as well as executive vice president of Zions Bancorporation, Terry Shirey has a vital role in Nevada. He was named to … [Read more...] about Terry Shirey: Nevada State Bank
Archives for March 2021
COVID-19’s Latest VictimLegislative Freedom
In Nevada we have what’s known as a part-time citizen Legislature. Our state’s elected officials only meet for 120 days in odd-numbered years and those that serve often have other jobs in Nevada. Only three other states have a similar schedule and it’s a deliberate choice. A citizen Legislature, by design, keeps our political process both small and local. It’s meant to push the … [Read more...] about COVID-19’s Latest Victim
Nevada UtilitiesConservation & Creativity
Despite COVID-19 shutting down business as usual, Nevada utilities companies grew over the past year. New customers signed on. New pilot programs started up. New agreements between agencies were entered into. New sources for commodities and renewable resources were found. Disconnects for nonpayment were suspended in response to the pandemic. “Utilities in Nevada have been … [Read more...] about Nevada Utilities
Education OutlookBig Issues and Hard Work for K-12
A whiteboard on the wall in the office of Dr. Kristen McNeill reminds visitors — and McNeill — to exercise patience and grace each day. The message is likely to be needed in coming months as schools around Nevada work through a multitude of issues to get on their feet after the COVID-19 pandemic, said McNeill, superintendent of the Washoe County School District (WCSD). “We’re … [Read more...] about Education Outlook
Industry FocusBuilders & Developers
Like many other industries, builders and developers have been dealing with a multitude of COVID-related issues, from supply chain disruptions to market uncertainty. Building and development leaders have been challenged with remaining flexible on projects and adapting where possible. Recently, leaders in these industries met in a virtual roundtable, sponsored by City National … [Read more...] about Industry Focus
Industrial SubmarketDemand Over Pandemic
The industrial real estate market has been crucial to the economy throughout the coronavirus pandemic as its stability has been driven by demand from e-commerce companies as consumer spending habits have shifted away from brick-and-mortar retail to online. That shift may be permanent as Nevada’s economy begins to recover from the pandemic. But some brokers believe retail … [Read more...] about Industrial Submarket
The Human Cost of Government Unions’ Political Power
The prolonged closure of in-person education across the nation isn’t merely a frustration for parents and students—it is a radical demonstration of just how destructive the political power of teacher unions has become to our system of education. Even during “normal times”, the priorities of teacher unions have often clashed with those of parents, students and taxpayers. For … [Read more...] about The Human Cost of Government Unions’ Political Power
Rick Neal
President and CEOGoodwill of Southern Nevada Type of Business: Non-profit retail store with career services for job seekersBased In: Southern NevadaHails From: Charlotte, NC Years Co. has been in Nevada: 46Years with Company in Nevada: 02Employees with Company: 785 What do you want your legacy to be? I’d like my legacy to be one of service…to my nation, my community … [Read more...] about Rick Neal
Lessons LearnedAdvice from Commercial Real Estate Leaders
The ongoing pandemic has forced businesses and industry leaders to adapt to economic and social conditions they could have never anticipated just one year ago. This is especially true for those in the local commercial real estate industry. To get through these trying times, leaders of the Commercial Alliance Las Vegas (CALV), a southern Nevada organization dedicated to the … [Read more...] about Lessons Learned
Around the StateMarch 2021
Allegiant Stadium Exceeded Community Benefit Goals Mortenson | McCarthy, the construction team that built the Allegiant Stadium has released a community benefits report for the project, which was completed in July of last year and cost $2 billion. The benefit report showed that the project exceeded the community benefit goals that were set for it. The Nevada Legislature … [Read more...] about Around the State
Commercial RE ReportOffice Summary: Fourth Quarter 2020
Northern Nevada By Colliers | Reno The Reno/Sparks office market has begun its journey to recovery in the fourth quarter of 2020, with positive office job growth and strong in-migration pointing to a rebound in the near future. Office vacancy saw a 40 basis point decrease since the previous quarter, from 13.1 percent in the third quarter to 12.7 percent in the fourth … [Read more...] about Commercial RE Report
Business IndicatorsMarch 2021
The “advance” estimate of U.S. real gross domestic product (GDP) for the fourth quarter of 2020 increased 4.0 percent at an annual rate, after a best-ever gain of 33.4 percent in the third quarter. Personal consumption expenditure and business investment, including private inventory, contributed positively to the real GDP growth, while net exports and government spending … [Read more...] about Business Indicators
Last WordWhat is Your Favorite Quote?
Carolyn Crockett President and Chief Credit OfficerFirst Security Bank of Nevada “The world is divided into people who do things and people who get the credit. Try, if you can, to belong to the first class. There’s far less competition.” Dwight Morrow, American businessman, diplomat and politician Holly Cowden Founder and Managing PartnerTrim Force “If you … [Read more...] about Last Word