Dublin, Ireland, Santiago, Chile, Poland and Germany are just some of the places you can buy Nevada-made items. Nevada products aren’t just for Nevadans anymore and Nevada companies aren’t just thinking local – they’re taking their products around the world. At the same time, foreign companies are looking to operate in Nevada, bringing new jobs to the state. “Nevada … [Read more...]
The Silver State & So Much More: Mining in Nevada
Nevada has been known as “The Silver State” since it entered the Union in 1864, but these days, it’s equally famous for gold, lithium, molybdenum and a host of other minerals. Nevada has 119 mines, located in every county except Douglas, and even has six producing oil fields. Mining represents a vital component of the state’s economy. Its total economic output in 2015 … [Read more...]
Healthcare Checkup: Employers and Health Insurance in Nevada
When it comes to health insurance in Nevada’s employer market, the past year has seen some small changes and developing trends. What the industry looks like in the future, however, remains uncertain as the American Health Care Act of 2017 remains pending in the U.S. Senate. When it comes to health insurance in Nevada’s employer market, the past year has seen some small … [Read more...]
Legal Elite 2017: Nevada’s Top Attorneys
This year marks Legal Elite’s tenth year of presenting Nevada’s top attorneys. The annual list showcases attorneys whose peers have named them amongst the best of the best. The list has come a long way since it’s inaugural issue in June 2008. Since it’s inception, the voting process has become more streamlined and each year more and more attorneys participate in the … [Read more...]
Beyond The Basics: Education in Nevada
Education is critical to Nevada’s workforce, economy and lifestyle. But Nevada’s public education ranks at or near the bottom of national rankings, and only 30 percent of Nevadans hold post-secondary education degrees or certificates. In the K-12 system, rankings are created from more indicators than simply academic, according to Traci Davis, superintendent, Washoe … [Read more...]
Slow & Steady: Economic Development in Rural Nevada
From McDermitt and Montello in the north to Laughlin in the south, Nevada’s rural cities struggle to foster economic development but desperately need it. Each locale differs, in terms of primary economic sectors, natural assets and location for instance. However, common themes have been for some, and continue to be for others, dilapidated downtowns, struggling businesses and … [Read more...]
Executives Weigh In: Power Poll 2017
Most executives would agree, 2016 saw a boost to industry across the Silver State. From call centers and manufacturers to new sports teams and residential and commercial development throughout the state, Nevada is on the rise. This boom in industry is also prompting many business leaders to question when the other shoe will drop. “Cautiously optimistic” has been the phrase … [Read more...]
Banking on Nevada: Stronger + in Recovery Mode
For City National Bank, 2016 was one of its best years since the economic downturn. Today, with $47 billion in assets, its financials are more robust overall, profitability is improved, topline revenues are increasing and its number of clients is up, said Scott Aney, Nevada regional executive. In fact, in December, executives signed a 10-year lease extension for City National’s … [Read more...]
The Ups and Downs: Nevada’s Economic Forecast
Experts are bullish on Nevada’s overall economy this year, anticipating continued recovery from the recession and growth, they said. Four key markers support their outlook: Wages: The average private weekly wage for Nevada workers peaked in October at $758.86, representing a 2.3 percent year-over-year increase, according to Applied Analysis, a Las Vegas-based economic fiscal … [Read more...]
The Evolution of Medical Education in Nevada
In November, the University of Nevada, Las Vegas (UNLV) School of Medicine began accepting applications and interviewing students who will start their medical school education in summer 2017. That sounds like good news – and it is – because of Nevada’s severe shortage of physicians. However, it’s only one step by Nevada healthcare professionals to help the state catch up. … [Read more...]
Taking Cover: Trends in Nevada’s Commercial Insurance
When it comes to risk and managing risk, successful CEOs understand the importance of thorough planning and solid insurance with up-to-date information on the latest rules and regulations. While the commercial insurance industry in Nevada has overall remained relatively static, some new trends have emerged and are growing. Those are highlighted here along with an overview of … [Read more...]
Beautiful Minds: 2016 Women to Watch
Female executives and business owners hold influential positions throughout the state and continue to break through the glass ceiling with their drive and determination no matter the obstacles before them. Representing a variety of industries from gaming and technology to government and health sciences, the following women truly epitomize what it means to be a successful female … [Read more...]
Are We There Yet? Nevada Roadways
Five topics are currently driving conversations about transportation in Nevada: new funding, new roads, new modes of transportation, new technology and orange cones. No discussion of transportation is complete without orange cones. Conversations aren’t always friendly, but they do allow information to flow on why cones are out there and which transportation agency is trying … [Read more...]
Manufacturing: Organizations Work to Bolster Industry
A major focus of the state’s economic development organization and other agencies throughout Nevada is growing and supporting the state’s manufacturing industry, and their efforts continue to bear fruit. “There are so many people working right now, from the governor all the way down, to make sure we provide workforce and housing and stimulate the economy in ways that have … [Read more...]
Nevada’s Credit Unions Experience Growth
Despite new and ongoing challenges, Nevada’s credit unions are experiencing an upswing in membership and activity. Of the state’s 17 credit unions, the nine in Northern Nevada attained a record high membership of 112,347 by adding 3,973 individuals between the fourth quarters of 2014 and 2015, the most recent period for which Nevada Credit Union League (NCUL) data is … [Read more...]
Legal Elite 2016: Nevada’s Top Attorneys
Now in its ninth year, Legal Elite highlights Nevada’s top attorneys as chosen by their peers. Polling for the 2016 list began in February of this year and over 6,000 nominations were collected from licensed attorneys throughout the state. Those nominees were vetted and the poll’s results, featured in the following pages, highlight the top vote receivers in Northern Nevada, … [Read more...]
Education Outlook: Addressing the Tough Questions
Students are more than test scores, they’re the future of Nevada’s population and workforce. Schools are more than buildings, they are part of the state’s economy and essential to economic development. Education is more than learning, the process is dependent on teachers, students, families and the community. For too many years Nevada’s education system has received poor … [Read more...]
Healthcare Check-Up: Nevada Hospitals Continue Adapting to Changes
Today, six years after the Patient Protection and Affordable Care Act (ACA) was enacted, with an economic rebound and significant population enlargement in the interim, Nevada’s hospitals are still managing the impacts of those changes. Increased Volumes Most Silver State hospital systems continue to experience increased patient volumes, which is unusual considering the … [Read more...]
30 Years Covering Nevada: Happy Birthday Nevada Business Magazine
In celebration of the magazine’s 30th anniversary, the editorial staff took the opportunity to explore how Nevada has changed over the last three decades and what that’s meant for business. In addition, six resident companies have been highlighted in the following pages. Each has also met the three-decade milestone. Each of their stories show a resilience that speaks to why … [Read more...]
A Boon to Nevada’s Economy: Tourism Growth
A bright spot in Nevada’s economy, the tourism industry, has grown over the past few years and is a driving force behind Nevada’s comeback. In fact, the industry has grown to the point that Elko outgrew its convention center and Las Vegas plans to expand its facility. This hospitality/leisure sector accounted for 28.1 percent of the state’s total employment at the end of … [Read more...]
