“Before March 2020, Nevada led the country in producing new jobs,” said Jonas Peterson, president and CEO, Las Vegas Global Economic Alliance (LVGEA). “Our economic development plan was working, and our economy was consistently becoming more diverse.” Across the state, manufacturing, logistics, distribution, technology and healthcare sectors were growing. In February, Nevada’s … [Read more...] about Economic Development in the Time of COVID-19
Features
Industry FocusBankers
From Paycheck Protection Program (PPP) loans to overnight advances in contactless transactions, 2020 has been an interesting and challenging year for bankers. Now, as they try to navigate changing customer and business needs, bankers are pivoting their services and interactions to reflect those changes. Recently, banking executives met in a virtual roundtable to … [Read more...] about Industry Focus
Iconic Women of Distinction Awards 2020
An Iconic History NAWBO Southern Nevada The mission of the National Association of Women Business Owners (NAWBO) Southern Nevada is to educate, empower and promote women business owners to experience success in all economic, political and social arenas. The organization provides informative and success driven monthly meetings which include time devoted to networking with … [Read more...] about Iconic Women of Distinction Awards 2020
Legal Opinions 2020Expert Knowledge for Nevada Businesses
Legal Opinions, a Nevada Business Magazine annual feature for nearly a decade, is a compilation of expert knowledge on a variety of topics. Written by attorneys, all of whom are highly educated on their featured topic, this special report is a one-stop resource for executives. Articles in the 2020 edition of Legal Opinions range from marijuana to politics and … [Read more...] about Legal Opinions 2020
Architects & EngineersRebounds and Changes
Like roadsters cruising across the desert at 80-something mph, Nevada’s architectural and engineering firms slammed hard on the brakes when the COVID-19 pandemic threw up a roadblock last spring. Now that traffic is moving again, some lanes are moving faster than others. Business is recovering at most firms, but executives don’t expect a full recovery until … [Read more...] about Architects & Engineers
Behind the ScenesWith a U.S. Bank Goals Coach
When you think of the kinds of services offered by a bank, likely a goals coach isn’t something that comes to mind. U.S. Bank, however, began offering free goals coaching in Las Vegas last fall, helping customers identify milestones they want to reach in life – like saving to buy a house, starting their own business or something else entirely – and working with them to develop … [Read more...] about Behind the Scenes
How Does Nevada Stack Up2020
How does Nevada Compare to Other States in 2020? In previous years, annual reports showed a state more susceptible to U.S. economic ups and downs than others. When times were good, millions of tourists brought their money to Nevada, and the numbers showed a prosperous state that often led the nation in growth, despite chronic concerns about low rankings for … [Read more...] about How Does Nevada Stack Up
Private Education in NevadaOperational Changes
Parents in the U.S. have the right to choose the best form of education for their children. Choices include public and private schools, religious-affiliated and independent schools. According to the Nevada Department of Education (DOE), northern Nevada has 39 private schools with 4,012 students attending. Southern Nevada has 90 with 15,473 students enrolled. The student to … [Read more...] about Private Education in Nevada
Industry FocusSports
Nevada’s sports industry has received a major boost in the past few years with the addition of major sports teams like the Vegas Golden Knights and Raider’s football team. Unfortunately, that momentum came to an abrupt halt with the start of COVID-19 restrictions that effectively halted live sport events across the nation. As Nevada teams learn to navigate keeping attendees … [Read more...] about Industry Focus
Healthcare Heroes2020
Corporate Sponsor Southwest Medical, part of OptumCare, was founded in Las Vegas in 1972 and is Nevada’s largest multispecialty medical group. For nearly 50 years, it has provided experienced, compassionate, innovative and high-quality care to patients throughout southern Nevada. A healthcare provider that has been around that long knows that a community’s … [Read more...] about Healthcare Heroes
Commercial Builders in NevadaWeathering the Storm
Nevada’s commercial builders — the companies that build about everything except single-family houses — weathered the first months of the COVID-19 pandemic in passably good shape. But, questions linger about how well the industry will fare if the state’s economy remains weak into the early days of next year. After some bumps during the worst of the pandemic’s early days, most … [Read more...] about Commercial Builders in Nevada
U.S. Bank Keeps an ‘In-Person Feel’In Socially Distanced Times
Banks have been offering digital services for some time, but social distancing guidelines have accelerated behavior changes even further. At U.S. Bank, digital now accounts for more than three-quarters of all service transactions – up from 65 percent two years ago. While a routine transaction like depositing a check through a mobile app might be the first thing that comes to … [Read more...] about U.S. Bank Keeps an ‘In-Person Feel’
Las Vegas Valley Water DistrictInvested in the Future
When a severe drought first hit the Colorado River basin in 2000, the Las Vegas Valley Water District (LVVWD) joined other local water agencies to invest in forward-thinking plans and programs to protect the community’s water resources. Engineering a deep-water solution, the Southern Nevada Water Authority (SNWA) and its member agencies, including the LVVWD, initiated the … [Read more...] about Las Vegas Valley Water District
2020 Women to Watch
Outstanding in their fields, Women to Watch are leaders, influencers, business owners, executives and mentors. They are women that others look up to and respect for their history of success and perseverance. The 2020 class of Women to Watch personifies those characteristics. They’ve been through the ups and downs of Nevada’s economic landscape and through it alll have shown … [Read more...] about 2020 Women to Watch
Insuring BusinessGuidance Through Catastrophic Times
With a variety of product types depending on a business’ industry and needs, insurance can be confusing for many business owners and executives. “The reason you’re buying insurance is to provide protection from claims,” explained Brad Pearce, chairman, A&H Insurance. “So you want an insurance carrier that provides excellent claim service and excellent coverage.” That … [Read more...] about Insuring Business
Industry FocusMining
One of the first industries in Nevada, mining, has a rich history in the Silver State. Today, the industry is a far cry from the days of pickaxes and is one of the most high-tech fields in the world. Even so, mining is often misunderstood in Nevada by those not in the industry. Recently, mining executives came together for a virtual roundtable, hosted by Nevada Business … [Read more...] about Industry Focus
Waiting for the Dust to SettleRetail in COVID-Nevada
The future of retail arrived with an unexpected, massive thunderclap this spring. Now retailers, shopping center developers and real estate brokers who specialize in commercial properties are looking over a landscape dramatically changed by the COVID-19 pandemic, identifying winners and losers and making predictions about the future of retail as it continues to unfold. Nobody … [Read more...] about Waiting for the Dust to Settle
New BeginningsReinventing Nevada’s Workforce After Shutdown
On March 20, Governor Sisolak ordered all nonessential businesses to close as Nevada followed shutdown orders, attempting to slow the spread of COVID-19. Overnight, the travel and tourism engine shutdown. For the first time ever, casinos closed their doors. During the first week of shutdown, nearly 3.3 million Americans filed for unemployment benefits. The … [Read more...] about New Beginnings
Industry FocusCPAs
Accountants are among the most respected professionals in Nevada for their expertise and steady guidance. As businesses face turbulent times, this industry is working hard to stay on top of changing tax laws and implications for businesses with some of the new grants and loans available. Recently, CPA executives from across the state came together for a virtual … [Read more...] about Industry Focus
CCIM: A New WorldNavigating Changing Times with CCIM
Without change, nothing grows. But unexpected, chaotic change in economic systems and business transactions causes uncertainty and lost opportunities. In uncertain times, people reach for touchstones, for information and for the guidance of experienced professionals in their own markets. Seasoned, professional CCIM designees possess the knowledge, stability and expertise to … [Read more...] about CCIM: A New World