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...]
Nevada’s Industrial Future: Two Parks Hold Great Promise for the Silver State
“It was the best of times, it was the worst of times” applies to Nevada’s tale of two industrial parks, one in the north and huge, the other in the south and a fraction of the size. Though the genesis of both took place at about the same time, in the late 1990s, their courses differed radically due to various circumstances of ownership, place and time. Today, the one with 17 … [Read more...]
First Nevada Population Health Conference in Las Vegas and Reno Nov. 17
WHAT: Community leaders, public health professionals, educators and legislators will gather in an effort to improve health care for all Nevadans at the first Nevada Population Health Conference. The conference will focus on implementing innovative programs through the collective efforts by the public and private sectors, and conference topics will include population health … [Read more...]
Want to Sustain Economic Growth? Invest in IT
First, the good news: Nevada’s economy is on the rebound. Now the daunting news: After a gut wrenching recession, the marketplace is more competitive than ever and the difference between success and failure is razor thin. But research suggests there is hope in the form of a strong information technology (IT) industry. Rising wages, job creation and record retail sales are … [Read more...]
Nevada State College Hires Nepantla Director Leilani Carreño
Henderson – Nevada State College has tapped Leilani Carreño to take the helm as director of the Nepantla Program, an initiative that aims to help underserved, first-generation college students achieve long-term academic and economic success. “Leilani comes to Nevada State College with rich experience that makes her a natural fit to lead this program,” Nevada State College … [Read more...]
How to Lease or Buy: A Guide to the Rebounding Commercial RE Industry
Buying or leasing commercial real estate is a stressful and complex process that can be difficult for even the best of brokers in Nevada. What about for entrepreneurs or business executives whose areas of expertise may be in gaming or healthcare? How should they evaluate the pros and cons of buying or leasing, choosing a location and making a purchase? Taber Thill, senior … [Read more...]
Raising the Grade: Higher Education in the Silver State
Education, economy, workforce, workers: pieces of a puzzle that come together to form economic development for Nevada and the ability to make a living for each individual. According to the U.S. Bureau of Labor Statistics, educational attainment and income are linked. Earnings and unemployment rates by educational attainment show national unemployment rates of 2.1 percent for … [Read more...]
Economic Forecast 2016: Increasing Stability and Growth
According to analysts, Nevada’s economy will continue to show improvement in 2016, but with a few new wrinkles thrown in. Rising wages will mean more disposable income, which in turn boosts consumer spending. Job creation, described as the single best indicator of economic growth, is expected to add more than 52,000 workers to company payrolls this year, according to the Nevada … [Read more...]
SUPERNAP Executive Missy Young Elected to NCJFCJ Board of Directors
Focus for both organizations is on education Reno – The National Council of Juvenile and Family Court Judges (NCJFCJ) has elected Missy Young, a lifelong philanthropist, to the Board of Directors. "There is no doubt that Missy will have a positive impact on our organization," said Judge Darlene Byrne, President of the NCJFCJ Board of Directors. "Her business acumen and … [Read more...]
Industrial Summary: Second Quarter 2015
Southern Nevada The overall vacancy rate for the Las Vegas Valley Industrial market in the second quarter was 6.2 percent, a drop of 0.5 points, from 6.7 percent in the first quarter of 2015. This decline equates to ten straight quarters of declining industrial vacancies. The strong growth in demand for industrial space, paired with resurgent construction and industrial … [Read more...]
WGU Nevada Opens Office at The Innevation Center
Nevada - WGU Nevada, a nonprofit, online, competency-based university aimed at expanding access to higher education for Nevadans, announced it has opened its office headquarters at the Innevation Center at 6795 S. Edmond St. in Las Vegas. “I am excited to work in such an innovative and collaborative environment near local startups, nonprofits, and SUPERNAP partners,” said … [Read more...]
Nevada’s Booming Technology Sector: Start ups Find a Home in Southern Nevada
Almost every major American city has claimed to be the burgeoning, “New Silicon Valley” at some point in the past decade. However, the vibrato concerning Southern Nevada may actually be true. Las Vegas is stepping up its game for tech and startups. Since the recession, the name of the new game in Las Vegas has been business diversification. Nowhere is that reality more … [Read more...]
The Office Market: Slow and Steady into the Future
As a mixture of economic indicators appear to show the recession in our rear view mirrors, movers and shakers in Southern Nevada’s office market are cautiously planning ahead for slow and modest growth in the coming months. “The trending is moderate growth overall due to a bettering economy,” says Lance Bradford, founder of Stable Development in Las Vegas. “There are … [Read more...]
CenturyLink Invests in LVGEA
CenturyLink Invests in Southern Nevada through Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ Campaign Las Vegas – CenturyLink has joined an expanding number of businesses that support Las Vegas’ global economic development efforts. CenturyLink recently invested in the Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ investment campaign, which … [Read more...]
November 2014: Around the State
Union Village Breaks Ground One of the world’s first integrated health villages, Union Village, has broken ground in Henderson. The Valley Health System has partnered with Union Village, LLC to create a master-planned hospital complex and health center that combines residential components, entertainment and retail, a senior community and a civic and culture arts center. The … [Read more...]
Technology Trends in the Silver State
In December 2011, Frederick Cook and Kelly Eidson co-founded a business that aims to make moving one’s office or home a seamless, problem-free process. Using its proprietary technology, this Las Vegas firm acts as the intermediary between people who need moving services—truck rentals, full-service movers, pods, freight trailers and more—and the companies that provide those. … [Read more...]
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...]
Wells Fargo Invests in Southern Nevada through Las Vegas Globa Economic Alliance’s ‘Engage Southern Nevada’ Campaign
Las Vegas – Wells Fargo has joined a growing number of businesses that support Las Vegas’ global economic development efforts. Wells Fargo recently invested in the Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ investment campaign, which launched in the fall of 2013 and is a three-year effort to raise $7.5 million for regional economic development. Thanks to … [Read more...]
Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs
Las Vegas, NV. – 1 Million Cups, a program to engage, educate and connect entrepreneurs, is set to launch in Las Vegas on Wednesday, August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities over cups of coffee and conversation across the country. 1 Million Cups began in … [Read more...]
Industrial Summary: First Quarter 2014
Southern Nevada The Las Vegas industrial market continued to witness substantial demand in the first quarter of 2014. The sector’s vacancy rate fell to 12.2 percent during the period, which is down 0.8 percentage points from the prior quarter. Compared to a year ago, vacancies are down an even more dramatic 2.8 percentage points. The industrial market vacancy rate has … [Read more...]
