The price of gold has been hovering around $1,300 an ounce lately, down more than 25 percent from its peak of over $1,800 in 2011. In times past, that would have been a sure signal for the bottom to fall out of the economy in many of Nevada’s rural counties, for which the boom-and-bust cycles of the mining business come as regularly as a spectacular desert sunrise. But, … [Read more...]
Rural Nevada: Independent Spirit Alive and Well
Nevada’s rural economies are microcosms of the state’s economy, each with its own characteristics, strengths and weaknesses. While the rest of the country experienced the economic downturn, several of Nevada’s northeastern rural counties barely even blinked. As the economy dove and gold prices rose, mining counties like Elko are just now catching their breath as rapid growth … [Read more...]
September 2013: Around the State
Home Prices Rise for 18th Month in a Row According to the Greater Las Vegas Association of Realtors (GLVAR), Southern Nevada home prices have been on the rise for 18 straight months. In fact, home prices are 35.3 percent higher than they were a year ago. The average home price bottomed out in January of 2012 at $118,000 and is now up to $180,000 and rising faster than anywhere … [Read more...]
December 2012: Around the State
Henderson Receives Award for Energy Efficiency The City of Henderson has been awarded the Energy Project of the Year in Region V for its city-wide, multi-phase energy savings performance contract (ESPC) with Ameresco. The award was conferred from the Association of Energy Engineers (AEE). The $23 million ESPC was implemented in 2006 and is a combination of energy conservation … [Read more...]
Rural Nevada: Unique Opportunities in Unique Communities
The answer to how to succeed in business without really trying is not as complex as you may think. Business owners should tune their ears in to what is happening in rural Nevada. They may be pleasantly surprised at all they will learn ranging from the mining boom in Elko to the interesting products that are made in Nevada. “Every rural community in Nevada is unique in character … [Read more...]
The Economics of Art: Nevada’s arts and culture
Financial challenges experienced by Nevada residents are mirrored by Nevada arts and culture organizations. During the economic downturn Nevada is still working to bounce back from, some Nevada arts organizations have thrived, some have come into being and some have closed their doors. While going through a recession, the arts may seem like a luxury Nevadans can’t afford. … [Read more...]
