Industrial development in our region is on the rise, and this is good news because it should fuel greater demand for housing as large, new clients move to the market.
When it comes to the economic development work that I and the Las Vegas Global Economic Alliance do every day, we forecast some major near-term opportunities. During the next year or two, we will see logistics and manufacturing operations locate in Southern Nevada. Much of this activity will be necessary to fill the millions of square feet of ... read more
By Jonas Peterson
President & Chief Economic Development Officer, Las Vegas Global Economic Alliance
The Las Vegas Valley has more than $11.1 billion in projects underway right now. That’s the news we heard May 19 at the Las Vegas Perspective event, Southern Nevada’s premier source of community and economic development data, analysis and forecasting.
The Las Vegas Global Economic Alliance released the 178-page market overview guide in an event that featured several panels, one of which was an ove... read more
Southern Nevadans are seeing a brighter future ahead and they like living here. At least, that’s what they said in a poll of 500 residents as a part of a comprehensive survey to be released at the upcoming Las Vegas Perspective event.
As we see the economy improve, Southern Nevadans are telling us that they see their family’s income either holding steady or improving one year from now. Less than 20 percent see their paycheck shrinking.
Compared to our regional metropolitan neighbors (Los An... read more
For those of you who have lived in or visited Las Vegas in the past few years, the impact of the recession has been quite obvious. For those who have been to Las Vegas recently, there are now some very bright spots in the regional economy that are also obvious. Just several years ago, one could drive down nearly any street in a residential neighborhood and see for-sale signs on at least one home. Things are far different today and while listing inventory is significantly higher than one year ag... read more