A new law aimed at increasing water efficiency will help businesses conserve nearly 10 percent of Southern Nevada’s water supply. The law, Assembly Bill 356, prohibits the use of water delivered by Southern Nevada Water Authority (SNWA) member agencies to irrigate decorative grass in streetscapes, medians, parking lots, and other areas where it does not serve a recreational or … [Read more...] about New Law Targets Turf in Southern Nevada
Archives for February 2022
Dangerous Word PlayHolding the Line with “Shall”
For as long as I can remember, the Clark County Education Association (CCEA) has been working to raise taxes for education. They’ve come to nearly every industry in the state with their hand out for more money. Like most other business owners, I firmly believe in the importance of education and the need to fund education. However, Nevada’s education system, and CCEA in … [Read more...] about Dangerous Word Play
Nevada RootsThe Making of Nevada
“Even though we’re a young state, we’ve got a very rich history,” said Eugene Hattori, curator of anthropology with the Nevada State Museum in Carson City. “We have evidence of archeological trade that goes back 8,000 years.” Nevada’s roots in business and industry began with the Native American tribes that resided in the region initially. The Northern and Southern Paiutes, … [Read more...] about Nevada Roots
Setting RecordsNevada’s Healthy Banking Industry Amidst the Pandemic
Global events like COVID send ripples through the economy which can cause uncertainty on the part of consumers and businesses. With the pandemic creating havoc for normal business operations and occurring just over a decade since the official end of the Great Recession, some economic uncertainty is to be expected. “I started with the bank 20 years ago and I came into the … [Read more...] about Setting Records
Industry FocusMining
Most Nevadans might be surprised to learn that mining still accounts for a significant portion of the state’s economy. In that regard, Nevada miners have been working to educate the state-at-large regarding their industry and the advancements therein. Executives from mining organizations throughout the state recently met in a virtual roundtable, sponsored by City National Bank, … [Read more...] about Industry Focus
Nevada UtilitiesGrowth Continues Amid COVID, Cybersecurity Concerns
A recent cyberattack on the Delta-Montrose Electric Association (DMEA) in Colorado that shut down 90 percent of its internal controls and erased 25 years of historical data is a reminder for Nevada utility companies that bad actors are constantly targeting their infrastructure. It also comes at a time when these companies are experiencing increased demand for service as the … [Read more...] about Nevada Utilities
CollaborationThe No. 1 Predictor for Successful Change Management
Time after time, I encounter companies whose best intentions for new system upgrades, revamped strategic direction or new mission implementation are thwarted due to the lack of a sound, end-to-end change management plan. Applicable to organizations across every industry and in every location around the world, successful change management requires both accountable leadership and … [Read more...] about Collaboration
Around the StateFebruary 2022
UNR and SNU Acquisition Proposal Approved The University of Nevada, Reno (UNR) has been approved to acquire Sierra Nevada University (SNU) by the executive committee of the Northwest Commission on Colleges and Universities. The committee noted that the transaction, “will allow for continued long-term growth and financial stability,” for Nevada. The acquisition must now be … [Read more...] about Around the State
Economic OutlookNobody Knows Nuthin’
Before COVID and lockdowns, the economy settled into a normalcy after the Great Recession of 2007-09. It was a unique time with record low interest rates and unprecedented Federal Reserve money printing. But monthly indicators moved along trend lines without great drama or many discontinuities, and we seemed to be in a new steady state of normalcy. So, in the 2018 Nevada … [Read more...] about Economic Outlook
Kurt Hoge
PresidentReno Type Type of Business: Printing, Mailing, Promotional Products and Direct MarketingBased: Reno, NVHails From: Reno, NV Years Co. has been in Nevada: 43Years with Company in Nevada: 27Employees with Company: 14 How did you get into your profession? I started off in my middle-school darkroom and wound up as photography editor of the Nevada … [Read more...] about Kurt Hoge
Commercial RE Report: Industrial SummaryQ4 2021
Northern Nevada By Angel Orozco and Garrett Shutt, CBRE The Reno Industrial market has experienced exponential growth throughout 2021. The region has consistently been a target for large corporate manufacturing and distribution sites, but the pandemic has sky rocketed demand with no signs of stopping. The lack of Class A and B product in the market, led to a rise in … [Read more...] about Commercial RE Report: Industrial Summary
Business IndicatorsFebruary 2022
The “third” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2021 equaled 2.3 percent at an annual rate, which was revised up by 0.2 percent from the prior estimate. The revision largely reflected upward adjustments in consumer spending and private inventory investment. Overall, the lower growth rate in the third quarter was primarily caused by a … [Read more...] about Business Indicators
Last WordWhat Is Your Most Prized Possession?
Ann Silver Chief Executive OfficerThe Reno + Sparks Chamber of Commerce “My grandmother’s strand of pearls that I only wear on special occasions.” Dwayne R. EshenbaughAIA, NCARB, LEED AP Founder & PresidentNOVUS Architecture + Interiors “My most prized possession is my education. While it technically culminated in 1997 with a master’s degree in … [Read more...] about Last Word