Business and Economy

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The Reno-Tahoe area has been undergoing significant change and growth since the Great Recession. And now regional tourism officials are hoping a new multi-million dollar brand campaign can help keep the momentum going.

Reno Public Radio’s Noah Glick reports.

Ambition. Grit. Adventure. These are all themes that make up the new Reno-Tahoe brand, called “Great Contrast.” It’s all part of a $4.4 million campaign funded by the Reno-Sparks Convention and Visitors Authority, which tourism officials hope will bring more—and younger—people to the area.

Housing prices continue to rise in the greater Reno-Sparks market, with new listings and sales of homes down from this time last year.

Reno Public Radio’s Noah Glick reports.

April’s median price for a home in the Reno-Sparks area was more than $323,000, up 10 percent from a year ago.

That’s according to the latest report from the Reno/Sparks Association of Realtors.

Nevada’s middle class is faring better than any other state in the nation, according to an economic report from Forbes.

The Silver State scored the highest on the magazine’s new “American Dream Index,” that measures seven key economic factors impacting the middle class.

Stacey Montooth, RSIC

Johni Bill is a member of the Reno-Sparks Indian Colony who just opened her own salon called Alluring Beauty in Sparks. Colony spokeswoman Stacey Montooth says Johni is a role model for other Native American entrepreneurs, who can face unique challenges. Montooth spoke to our contributor Brook Bentley of the Northern Nevada Business Weekly to explain why.

TMRPA

There’s not enough affordable housing in Washoe County…and more and more residents are getting priced out of owning their own homes.  That’s according to a study by the Truckee Meadows Regional Planning Agency. Kim Robinson is the organization’s executive director and Jeremy Smith is GIS coordinator. They talked to our news director Michelle Billman about their findings. 

NNBW

A new survey of Nevada business leaders finds that they want more workforce and STEM training to take place within community colleges and the K-12 education system.

Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

Courtesy NNRDA

In a few short months, the Northeastern Nevada Regional Development Authority has grown from representing primarily Elko County to now covering more than 40 percent of the state. Our contributor Brook Bentley of the Northern Nevada Business Weekly has the details.

Courtesy United Construction

Statewide, Nevada added 7,200 construction jobs last year, but finding skilled, local workers to fill those positions is becoming increasingly difficult. Our contributor Brook Bentley of the Northern Nevada Business Weekly reports.

The shortage of skilled construction labor is being compounded by a rebounding economy that's spurred new residential and commercial construction. There are also many senior-level employees moving closer to retirement age.

Noah Glick

The food truck industry is growing nationally, with cities like Orlando, Florida and Austin, Texas leading the charge.

But a new crop of mobile food vendors is popping up in an unlikely rural area: Elko. Reno Public Radio’s Noah Glick has more.

Alexa Ard

Women working full-time in Nevada are making less than 82 percent of their male counterparts. That’s according to the latest report from the Bureau of Labor Statistics.

Reno Public Radio’s Noah Glick explores why.

Between 2014 and 2015, the ratio of women’s earnings compared to men’s dropped by more than four percentage points. Nevada women are now making just 81.6 percent of men.

That’s a departure from the peak of 88.4 percent in 2011.

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