How important is the truth to you? I expect it’s important to most of us, so let’s dig into what truth is. And, since its December, when we celebrate the birth of Jesus, let’s first look at what He says about truth. When being interrogated by Pontius Pilate prior to His crucifixion, Jesus directly references this question of truth. In the Bible, John 18:37 (NKJV), Pilate asked, … [Read more...] about What is Truth…
Archives for December 2021
Closed:The Great Resignation and Workforce Development
In August, 4.3 million U.S. workers quit their jobs, according to Department of Labor (DOL). Food services lost 892,000 workers, 721,000 employees quit the retail industry and even more workers left education and healthcare. The start of the pandemic saw record high unemployment and by July 2021 the United States hit another record high – 11.1 million jobs … [Read more...] about Closed:
Credit UnionsDiversifying Loan Activity
Credit unions are becoming an increasingly important source of loans for small businesses, a development that’s particularly welcome to credit union executives vexed by the need to put massive flows of new deposits to profitable use. At the middle of this year, small business loans at the 15 credit unions headquartered in Nevada stood at $640 million, a 63 percent increase from … [Read more...] about Credit Unions
Industry FocusAttorneys
Nevada’s legal industry had a banner year as they helped clients navigate the challenges of COVID. Even so, attorneys struggled through a changed work environment and court system. Leaders from this industry recently met in a virtual roundtable, sponsored by City National Bank, to discuss Nevada’s legal field and what the future holds. Connie Brennan, publisher and CEO of … [Read more...] about Industry Focus
Back in the BuildingsProperty Management in Nevada
Nevada is quickly approaching the two-year mark since the beginning of the COVID-19 pandemic. From government mandates, social distancing, supply delays and a staffing crisis nationwide, business in the Silver State has had to adapt and change. Many industries were hit hard by these changes, including property management. But, in post-COVID Nevada, the industry is on its way … [Read more...] about Back in the Buildings
Jeff FrameAIA, NCARB
PrincipalFrame Architecture, Inc. Type of Business: Architecture & Interior DesignBased In: Reno, NVHails From: Carson City, NV Years Co. has been in Nevada: 20Years with Company in Nevada: 20Employees with Company: 7 How did you get into your Profession? I always appreciated the effort and thought needed for building design. Architecture was plan A, there … [Read more...] about Jeff Frame
Economic MobilityKeeping the American Dream Alive
With Nevada’s Congressional delegates facing votes on President Joe Biden’s proposed income tax increases, questions of wealth and income distribution, tax fairness, economic growth and economic mobility have become central in public debate. A study of literature and empirical studies on economic mobility show there is still substantial economic mobility from generation to … [Read more...] about Economic Mobility
Around the StateDecember 2021
Clinical Affiliation Between Renown Health and UNR Med to Address Provider Gap A new clinical affiliation between Renown Health and the University of Nevada, Reno School of Medicine (UNR Med) has been established to address the provider gap in Nevada. The state ranks 45th for active physicians per 100,000 population. A large piece of the affiliation is a $350,000 scholarship … [Read more...] about Around the State
Commercial RE Report Office Summary:Third Quarter 2021
Northern Nevada By Colliers Reno Reno’s office market saw increased leasing activity in the third quarter of 2021 with nearly 40,000 square feet of positive net absorption, the highest the market has experienced in five quarters. Recovering demand for office space has driven year-to-date net absorption to 58,565 square feet. Strong tenant demand this quarter pushed market … [Read more...] about Commercial RE Report Office Summary:
Business IndicatorsDecember 2021
The “advance” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2021 only increased 2 percent at an annual rate, much lower than expectations. The weaker-than-expected growth in the third quarter largely reflected a deceleration in consumer spending. U.S. nonfarm employment in October, however, experienced a rebound after two consecutive months of … [Read more...] about Business Indicators
Last WordDid 2021 Go the Way you Expected?
Dr. Ed De Andrade PresidentNevada Dental Association “Back in January, we were already seeing regular visits to the dentist approaching 80 percent of pre-pandemic levels, according to the American Dental Association. My expectation for 2021 was for those rates to further increase, and we’re meeting that goal through doing everything we can to make our patients safe when … [Read more...] about Last Word