Nevada Business Magazine - The Decision Maker's Magazine
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How Nevada Stacks Up 2021 - Nevada Business Magazine
Sep 1, 2021 · The unemployment rate soared from 3.6 percent in February 2020 to 28.7 percent in April 2020, a month that the national rate hit 14.7 percent. Now that most resorts and businesses have reopened, the unemployment rate is under 8 percent. The state regained 15,400 jobs in June 2021, chiefly in the leisure and hospitality sector, which accounts ...
Business Indicators: August 2021 - Nevada Business Magazine
Aug 3, 2021 · Business Indicators. August 2021. August 3, 2021 By UNLV Center for Business and Economic Research. The “third” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2021 grew strongly by 6.4 percent at an annual rate, remaining unchanged from the “second” estimate. According to more complete source data, an upward ...
Commentary Articles - Nevada Business Magazine
Nov 1, 2024 · Nevada Affordable Housing Dream vs. Reality. September 1, 2024 By Nevada Business Mag. As Nevada’s economy thrives with tourism, tech and new residents flocking to Las Vegas and Reno, a troubling reality has set in: soaring demand, limited supply and higher interest rates have driven home prices and rents to unprecedented levels.
How Nevada Stacks Up 2022 - Nevada Business Magazine
Sep 1, 2022 · Before the pandemic (February 2020) Nevada’s unemployment rate was a healthy 3.6 percent. After the bottom dropped out of the travel/tourism industry, unemployment peaked at 28.7 percent in April 2020. Since then, it’s been a tale of recovery and reinvention. Overall, unemployment stood at 4.7 percent in June 2022, the third-highest rate in ...
How Nevada Stacks Up - Nevada Business Magazine
Sep 1, 2023 · Much like the rest of the nation, Nevada has both strengths and weaknesses. Although hit hard during the recent pandemic, the Silver State now boasts a thriving travel and tourism industry and numbers that reflect a strong housing market.
Economic Forecast 2022 - Nevada Business Magazine
Jan 1, 2022 · More than 292,000 people worked in the leisure and hospitality sector in southern Nevada in February 2020, according to the U.S. Bureau of Labor Statistics. That number bottomed out last summer to around 127,000 but has been steadily improving. As of January 1, 2022, roughly 72,000 of those jobs have yet to return.
Industrial Projects Transforming Nevada - Nevada Business …
May 1, 2024 By Kathleen Foley. Industrial projects at both ends of the state, especially big-box warehouse and distribution facilities, are playing a pivotal role in diversifying Nevada’s tourism-dependent economy. Large tracts of empty land are being transformed into industrial parks and high-tech hubs that increasingly attract out-of-state ...
How Nevada Stacks Up 2024 - Nevada Business Magazine
2024. September 1, 2024 By Amanda Pena. For the past several years, Nevada Business Magazine ‘s annual “How We Stack Up” has compared Nevada with other states in a number of business and lifestyle measurements. And this year is similar to years past as healthcare and education continue to rank among the worst in the nation.
Nevada’s Tech Boom: The Rise of Technology
Feb 1, 2024 · This growth has seen their roster of employees grow from 12 to 45 over ten years. Durant suggested the rise in technology is not just owed to Nevada being a business-friendly state. “The level of training and skill in the technology industry in Nevada is rising and that is playing an important role in the growth of technology in Nevada.”.