Denmark to Work with Nevada on Renewable Energy Governor Joe Lombardo has signed a Declaration of Understanding with Denmark’s ambassador to the United States, Jesper Møller Sørensen, to explore opportunities to work more closely on renewable energy projects. One of the first collaborations will target the establishment of a renewable energy powered industrial park in Lincoln … [Read more...] about Around the State
Las Vegas
Business IndicatorsDecember 2023
The first estimate of U.S. real gross domestic product (GDP) for 2023Q3 had an annualized growth rate of 4.9 percent, a significant increase above recent quarters. Consumer spending soared, particularly in services such as housing, utilities, healthcare, financial services, insurance and food, as well as in goods, notably non-durable items like prescription drugs and … [Read more...] about Business Indicators
Matt Clafton
Senior Vice President/Regional Manager Alston Construction Type of Business: General Contractor Based: Reno & Las Vegas Hails from: Spokane, WA Years Org. has been in Nevada: 24 Years with Organization in Nevada: 20 Employees in NV: 37 How did you get into your profession? I grew up in a construction family, studied civil engineering in college and after … [Read more...] about Matt Clafton
Commercial RE Report: Industrial SummaryQ4 2021
Northern Nevada By Angel Orozco and Garrett Shutt, CBRE The Reno Industrial market has experienced exponential growth throughout 2021. The region has consistently been a target for large corporate manufacturing and distribution sites, but the pandemic has sky rocketed demand with no signs of stopping. The lack of Class A and B product in the market, led to a rise in … [Read more...] about Commercial RE Report: Industrial Summary
Women to Watch 2021
Over Nevada’s diverse business landscape stands a group of women who have served as mentors, change agents and influencers for their communities. These women have proven time and again that limits can be pushed and determination is essential to a successful career. The 2021 class of Women to Watch represent this classification of female business executive. They’ve stood through … [Read more...] about Women to Watch 2021
Power Poll 2021Everything has Changed
In the last year, there have been significant changes to nearly every aspect of daily life. It seems no one was unaffected by the COVID pandemic that swept the world. Activities that were once taken for granted have now been limited or, in some cases, are simply gone. From new technologies to accommodate work from home to mask mandates and supply shortages, everything has … [Read more...] about Power Poll 2021
Family Owned Businesses 2020
Nevada State Bank is proud to join Nevada Business Magazine in celebrating the accomplishments of the 2020 Family Owned Business award finalists. Although each family business is unique, successful companies share qualities like perseverance, ingenuity, teamwork and community service – qualities exemplified by the businesses featured this year. This year will long be … [Read more...] about Family Owned Businesses 2020
Entitlements and ZoningGetting Through the Process
Some industry-specific terms become part of the general language even when not everyone can define them. Most people understand what zoning means. But ask a handful of representatives from different government entities how their entitlements process works and most will respond with, “What do you mean by entitlements?” Clarifying the Term “You own a piece of … [Read more...] about Entitlements and Zoning
Around the State: August 2018
First UNLV Innovation Building Breaks Ground Gardner Company, the University of Nevada, Las Vegas (UNLV) and the UNLV Research Foundation has begun construction on the first building of the UNLV Harry Reid Research and Technology Park. Part of a 122-acre, master planned campus, this first building will be four-stories and 110,000 square feet. This research, technology and … [Read more...] about Around the State: August 2018
Higher Learning: Education in Nevada
The Nevada System of Higher Education (NSHE) is in the process of becoming a true system as Nevada’s educational climate shifts to meet the needs of Nevada citizens and businesses. Those needs are creating a change from individual institutions working alone to meet those needs to a system of institutions working together. “There’s quite a bit that’s new in higher education,” … [Read more...] about Higher Learning: Education in Nevada
Leadership Advance Class of 2017 Project Focuses on Helping Homeless Kids
The Leadership Advance Class of 2017 excelled in its class project in bringing support and awareness to the nonprofit Nevada Partnership for Homeless Youth, the most comprehensive service provider for homeless youth in Southern Nevada. The awareness, donation and supplies drive effort by the up-and-coming business and community leaders began in February and culminated with a … [Read more...] about Leadership Advance Class of 2017 Project Focuses on Helping Homeless Kids
May 2017: Business Indicators
The “third” estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2017 grew at a 2.1 percent annualized rate, up by 0.2 percentage point from the “second” estimate. According to more complete source data, consumer spending boosted real GDP more than expected. U.S. nonfarm employment added a less-than-expected 98,000 jobs in March. The unemployment rate, … [Read more...] about May 2017: Business Indicators
Spending Power: Nevada’s Retail Market
With the peak holiday spending in their rearview mirrors, Nevada retailers say they are cautiously optimistic about continued growth in 2017. “Retail is trending positive. I’m conservatively bullish and would be happy with one to two percent growth next year,” said Kevin Budny, senior general manager of the Galleria at Sunset in Henderson. “We were comparable to 2015 this … [Read more...] about Spending Power: Nevada’s Retail Market
Business Indicators: September 2016
The advanced estimate for U.S. real gross domestic product (GDP) for the second quarter of 2016 indicated a much weaker-than-expected growth of 1.2 percent. In addition, the first quarter’s real GDP growth was revised downward to 0.8 percent from 1.1 percent. Private investment, again, contributed negatively to U.S. economic expansion, falling by 9.7 percent from the previous … [Read more...] about Business Indicators: September 2016
Yellow Checker Star Donates $150,000 of Modified Business Tax to Nevada Educational Choice Scholarship Program Benefiting Local Students
Jonathan Schwartz, director of Yellow Checker Star, a leading taxicab company in Las Vegas, announced the company has donated $150,000 of its modified business tax dollars to Dinosaurs & Roses, a local nonprofit that will in turn use the money to award local scholarships for underprivileged children to attend private schools in Nevada. During Nevada’s 2015 legislative … [Read more...] about Yellow Checker Star Donates $150,000 of Modified Business Tax to Nevada Educational Choice Scholarship Program Benefiting Local Students