This page provides the latest feature content on Nevada Economic Development Industry from Nevada Business Magazine, plus additional resources.
Latest Feature on the Nevada Economic Development Industry
Economic Development in the Time of COVID-19: Diversify, Grow, Survive or Thrive
By Jennifer Rachel Baumer
Originally published: https://www.nevadabusiness.com/2020/10/economic-development-in-the-time-of-covid-19/
“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 unemployment rate was 3.6 percent.
In March, everything changed. Overnight all nonessential businesses closed in response to the COVID-19 pandemic. In April, Nevada’s unemployment rate hit 30.1 percent, an all-time high. After a decade of diversification efforts following the Great Recession, the pandemic tested those efforts severely.
Economic development authorities changed focus from recruiting new companies to Nevada, to supporting existing companies, helping them navigate federal and state stimulus programs and interpret directives from the governor’s office. [Read More]
Latest Nevada Economic Development Industry Feature
Economic Forecast: Building on Nevada’s Strong Economy: As Governor Steve Sisolak looks at the state’s strong economic performance at the dawn of a new decade, he sees it well-positioned to make investments that will create jobs and wealth for years to come. [Read More]
Industry Focus: Economic Development
The economy is constantly changing and, there are many factors at play when it comes to determining economic health. Thankfully, according to economic development leaders, Nevada is in a position to create positive outcomes. [Read More]
How We Stack Up 2018
Each year, Nevada Business Magazine collects data comparing Nevada to other states and to past years, tracking economic cycles and delivering a snapshot of what it’s like to live in the Silver State. [Read More]
Henderson Takes Flight It’s the second largest city in the state, but when Henderson residents talk about their city, they talk about community. As a community, Henderson has created a strategic plan to guide growth, looking ahead 20 to 30 years to make sure it’s still a city residents love. [Read More]
Perspective Shifts: Power Poll 2018 Last year was a year of change in many ways, especially in the Silver State. With mid-term elections coming up in November and a changing of the guard in the Governor’s office, this year will shake up the status quo even more. [Read More]
Las Vegas Reinventing a Strong Future: Open for Business As one of the fastest growing metropolitan areas in the country, it’s no surprise Las Vegas has a strong economic engine. A creatively strong economy, Las Vegas is blending new technology with existing infrastructure, from the downtown Innovation District to the Smart Cities Initiative. [Read More]
The Full Focus: Economic Development in Nevada In 2012, The Silver State released “Moving Nevada Forward: A Plan for Excellence in Economic Development,” a three-year roadmap for continuing to advance from post-recession doldrums and a 12 percent unemployment rate toward “a vibrant, innovative statewide economy,” Gov. Brian Sandoval wrote in the document. [Read More]
Blueprint for Evolution: Economic Development in North Las Vegas: Cities evolve. They follow distinct life cycles as economic conditions change. For the past three years the City of North Las Vegas has experienced a renaissance, and economic development is the driver igniting the growth. [Read More]
Business Roots: Nevada’s Economic Development History: The Silver State has a unique origin story. Despite being much less economically viable and populated, Nevada beat out the other territories to become a state in 1864 because of its Republican and pro-Union leanings. [Read More]
Industry Focus: Economic Development: Economic development continues to be an important priority for the Silver State. Many factors go into diversification including incentives for businesses, education and workforce training. [Read More]
Nevada Economic Development Industry Resources
Nevada Governor’s Office of Economic Development: GOED promotes a robust, diversified and prosperous economy in Nevada.
Economic Development Authority of Western Nevada: The Economic Development Authority of Western Nevada (EDAWN) is a private/public partnership established in 1983, committed to adding quality jobs to the region by recruiting new companies, supporting the success of existing companies, and assisting newly forming companies, to diversify the economy and have a positive impact on the quality of life in Greater Reno-Sparks.