September 5, 2024

The Role of Nevada's Mining Industry

On September 5, 2024, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention. Aguero's presentation addressed global, national and local trends in the mining industry and featured data from the Nevada Mining Association's annual member survey. Key topics included Nevada's vital role as a top gold source, benefits seen by industry employees and a recent downturn in mineral production. Aguero then focused on the industry's workforce development challenges and the potential impact of federal court rulings and legislation regarding the use of public lands in mining. Also included were the industry's annual economic and fiscal contributions to the state. Finally, Aguero covered the state's future as a lithium production hub, including plans to open two new mines.

August 22, 2024

2024 Las Vegas Perspective

On August 22, 2024, Jeremy Aguero delivered the keynote presentation at the Las Vegas Global Economic Alliance's (LVGEA) annual Las Vegas Perspective event. Aguero's presentation centered on housing, healthcare, education and tourism. Each of the sections focused on the community's core challenges, accompanied by a discussion around opportunities for advancement and improvement. Aguero also contextualized policy focus areas for the region. Aguero emphasized that we either "invest in the community that you want or pay for the community that you get."

January 24, 2024

Perilous Prosperity: An Economic Perspective

On January 24, 2024, Jeremy Aguero delivered the keynote presentation at the Vegas Chamber's annual Preview Las Vegas event. Aguero's presentation looked at the contrast between consumer sentiments and economic performance, highlighting inflation, cost of housing and disposable income as factors directly affecting consumer perceptions. Aguero then took a deeper dive into the local economy, showing the differences between what consumers are reading and the performance indicators for the area. Key areas of focus included the overall economy, transportation, water, healthcare, education and tourism.

June 15, 2023

2023 Las Vegas Perspective

On June 15, 2023, Jeremy Aguero delivered the keynote presentation at the Las Vegas Global Economic Alliance's (LVGEA) annual Las Vegas Perspective event. Aguero's presentation addressed some key numbers related to Southern Nevada and the national economy, highlighting how the state has grown and can continue to expand in a sustainable manner. Relevant topics covered included population, employment, economic diversity, water, housing and tourism. Aguero also drew attention to the accomplishments made during the Nevada legislative session for a variety of pressing community needs, including education and homeless prevention measures. Aguero emphasized that Southern Nevada needs to focus on supporting the community and finding ways to continue to grow in smart and sustainable ways.

January 26, 2023

State of the Economy in Northern Nevada

On January 26, 2023, Brian Gordon delivered the keynote presentation at the Economic Development Authority of Western Nevada's (EDAWN) "State of the Economy in Northern Nevada" in Reno, Nevada. Gordon provided insight on the national economy, as well as the local economy in Northern Nevada. Key topics focused on incomes, consumer spending, employment, housing and community investments. The Reno-Sparks region is continuing to grow and has over $10 billion in the development pipeline, including Tesla's newly announced $3.6 billion battery and truck manufacturing facility.

January 23, 2023

What's Next?

On January 23, 2023, Jeremy Aguero was a featured speaker at the Vegas Chamber's annual Preview Las Vegas event. Aguero's presentation took a look back at the last 10 years of impressive growth in Southern Nevada, then posed the question of what would happen next if the region continued that growth. Key areas such as population, employment, income, housing, commercial real estate and tourism were addressed. Aguero drove home key concepts to the region's future growth.

September 12, 2022

2022 Nevada Corporate Giving

On September 9, 2022, Brian Gordon delivered the keynote presentation at the 2022 Philanthropy Leaders Summit for the Moonridge Foundation. Gordon's presentation featured highlights of this year's Nevada Corporate Giving report, which Applied Analysis has worked with Moonridge Group and Nevada Corporate Giving Council over the last decade to create. The full report is available here. Gordon's presentation walked through all five elements of the report: (1) for the cause, (2) for the community, (3) for the community partners, (4) for the employees and (5) for the company. Gordon also provided national rankings for how Nevada fairs overall in terms of charitable giving and volunteering, as well as provided local examples of some notable partnerships that have geared the state toward success.

September 8, 2022

The Role of Nevada's Mining Industry

On September 8, 2022, Brian Gordon delivered a presentation at the Nevada Mining Association's Annual Convention. Gordon's presentation addressed current global and national trends in the mining industry and featured data from the Nevada Mining Association's annual member survey. Key topics included how Nevada's mining industry ranks relative to other areas in global investment attractiveness, the impact of inflation and whether the United States is facing a future recession. Gordon then focused on challenges and opportunities for mining within Nevada, covering shifting employment dynamics, gross domestic product and mineral production. Also included were the industry's annual economic and fiscal contributions to the state. Finally, Gordon discussed the current energy crisis and the importance of critical minerals in the transition to greener energy uses.

June 23, 2022

2022 Las Vegas Perspective

On June 23, 2022, Brian Gordon delivered the keynote presentation at the Las Vegas Global Economic Alliance's (LVGEA) annual Las Vegas Perspective event. Gordon's presentation addressed some national factors affecting the economy, including the rising inflation rate, gas prices, interest rates and the possibility of a near-term recession. Gordon then discussed a number of local challenges and opportunities facing Southern Nevada's economy. These topics included tourism, housing, land, water and talent challenges, and some possible opportunities for growth in each of these areas. Gordon drew attention to the fact that it is important to be proactive as opposed to reactive if Southern Nevada wants to continue to evolve.

January 27, 2022

Pressing Forward: The Northern Nevada Economy

On January 27, 2022, Brian Gordon presented the keynote address at the Economic Development Authority of Western Nevada's (EDAWN) "State of the Economy in Northern Nevada" Economic Update Luncheon in Reno, Nevada. Gordon provided insight into the nation's supply chain issues and how that has recently affected inflation. He then presented on Northern Nevada's growing wealth and spending, noting that Washoe County's taxable retail sales are at an all time high and showing tremendous growth for online retail sales. Gordon then discussed the Northern Nevada employment recovery and which sectors are experiencing employment shifts. Lastly, Gordon highlighted some of Northern Nevada's major investments, providing insight into what is on the horizon for the region.

January 18, 2022

Pressing Forward: The Southern Nevada Economy

On January 18, 2022, Brian Gordon was a featured speaker at the Vegas Chamber's annual Preview Las Vegas event. Gordon's presentation addressed supply chain issues that occurred as a result of the COVID-19 shutdowns. Gordon also discussed the nation's newfound wealth that was brought on over the past two years as a result of income growth, gains in personal investments and home appreciation. Gordon then addressed Southern Nevada's burning question of "Where did the workers go?" by discussing the current employment recovery and transitioning labor force. Shifts in consumer spending were then highlighted when Gordon broke taxable retail sales down by top sectors and displayed the spending increased amongst Southern Nevada's recovering tourism sector. Finally, Gordon previewed upcoming development projects within the Las Vegas Valley and discussed expectations for 2022.

November 9, 2021

Southern Nevada's Economic Forecast

On November 9, 2021, Jeremy Aguero presented the keynote address at the Las Vegas Global Economic Alliance's VISTA 2022 forecasting event. The presentation centered on Southern Nevada's six areas of focus: (1) Residents and Workforce, (2) Consumer Income and Spending, (3) Tourism Industry, (4) Commercial Real Estate, (5) Residential Real Estate and (6) National Indicators. The presentation highlighted the current economic landscape in each of these areas and provided insight into what we can expect as we head into 2022.

September 30, 2021

The Role of the State's Mining Industry

On September 30, 2021, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention. The presentation, "The Role of the State's Mining Industry," included challenges and associated opportunities faced by the mining industry. Mr. Aguero also discussed the mining industry's economic, fiscal and social contributions to the state's economy.

August 13, 2021

2021 Las Vegas Perspective

On August 13, 2021, Jeremy Aguero presented the keynote address at the 41st annual Las Vegas Perspective event. The presentation focused on the current COVID-19 environment as it relates to the Southern Nevada economy, along with a discussion about what to expect going forward. Mr. Aguero focused on key issues such employment, consumer spending, real estate, education and tourism.

September 24, 2020

The Role of the State's Mining Industry

On September 24, 2020, Jeremy Aguero delivered a presentation at the Nevada Mining Association’s Annual Convention. The presentation, “The Role of the State’s Mining Industry,” included an economic update for the state and detailed the latest trends in Nevada’s mining industry, as well as the unique challenges and impacts created by COVID-19. Aguero also highlighted the economic, fiscal, and social contributions that the mining industry has brought to Nevada.

July 28, 2020

2020 Las Vegas Perspective

On July 28, 2020, Jeremy Aguero presented the keynote address at the annual Las Vegas Perspective event. The presentation addressed the COVID-19 public health crisis which led into a unique recession as well as an economic crisis. Mr. Aguero then discussed both the nation's and state's response to the crisis and what the future moving forward may look like.

January 17, 2020

2020 & Beyond: The Future We Are Building

On January 17, 2020, Jeremy Aguero was a featured speaker at the Vegas Chamber's annual Preview Las Vegas. Aguero's presentation addressed the current state of Southern Nevada's economy and the risk of complacency in the region's areas of success, including Southern Nevada's competitive tourism and convention sectors. Aguero also detailed some of the things to look forward to in 2020 including the area's strong convention calendar, the 2020 NFL Draft, the opening of Allegiant Stadium, the expansion of the Las Vegas Convention Center and LVCC Loop, the Pac-12 Championship, and the 2020 election. Additionally, Aguero highlighted some of the challenges that Southern Nevada faces including housing market stability, transportation concerns, the area's poverty, the ratio of English language learners to bilingual teachers, the fiscal economic divide, healthcare concerns, water infrastructure and public safety issues. Aguero then welcomed the audience into the Great Expansion.

September 9, 2019

2019: Mining Through Uncertainty

On September 9, 2019, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention in Lake Tahoe, Nevada. The presentation, "2019: Mining Through Uncertainty," included challenges and associated opportunities faced by the mining industry. Mr. Aguero also discussed the mining industry's economic, fiscal and social contributions to the state's economy.

May 14, 2019

2019 Las Vegas Perspective

On May 14, 2019, Jeremy Aguero presented the keynote address at the annual Las Vegas Perspective event held at the South Point Hotel and Casino. The presentation addressed the national concern of an upcoming recession and showed that what happens in the national economy matters to our local economy. Mr. Aguero also provided an economy summary of our local economy that including employment growth, population growth and the changing housing market. Mr. Aguero highlighted the state's stable growth over the past few years and discussed the diversity in the area.

February 7, 2019

2019 & Beyond: The Future We Are Building

February 7, 2019 — Principal Analyst Jeremy Aguero was the featured speaker at the Economic Development Authority of Western Nevada (EDAWN) annual "State of the Economy" luncheon in Reno. Aguero's presentation addressed the concern surrounding an upcoming recession, as well as focused on trends in key areas of the economy such as population and employment growth, economic diversification and housing. Furthermore, Aguero discussed sustainability in the local economy and identified areas of focus for community leaders to address in the coming years.

January 24, 2019

2019 & Beyond: The Future We Are Building

On January 24, 2019, Jeremy Aguero was a featured speaker at Preview Las Vegas. Aguero's presentation addressed the concern surrounding an upcoming recession as well as focused on trends in key areas of the economy such as population and employment growth, housing concerns, and visitor volume and spending. Furthermore, Aguero discussed the sustainability of the local economy and what the focuses should be on in the coming years.

September 8, 2018

Mining Industry Issues and Opportunities

On September 8, 2018, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention in Lake Tahoe, Nevada. The presentation, "Mining Industry Issues and Opportunities," included issues that the mining industry is facing and the opportunities these issues bring forth. Mr. Aguero also discussed the mining industry's economic, fiscal and social contributions to Nevada.

May 18, 2018

Building for the Future

On May 15, 2018, Jeremy Aguero presented the keynote address at the annual Las Vegas Perspective event held at Park MGM. The presentation considered the "Building for the Future" theme offered in the annual publication. The focus of the presentation included a summary of economic fundamentals, along with key concepts of how to build for the best possible future. Selected elements considered the pro-business environment, leveraging the market's existing assets and remembering lessons learned from the past.

September 9, 2017

Nevada's Mining Industry: Perceptions and Realitites

On September 9, 2017, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention in Lake Tahoe, Nevada. The presentation, "Nevada's Mining Industry: Perceptions and Realities," included some misconceptions relating to Nevada's economy and the mining industry as well as the realities of these topics. Mr. Aguero also highlighted the economic, fiscal and social contributions that the mining industry has brought to the state.

May 24, 2017

Coming Full Circle

Jeremy Aguero was the featured speaker at the 37th annual Las Vegas Perspective event on May 24, 2017. During his presentation, Aguero demonstrated many ways how the southern Nevada economy is "coming full circle". He also provided insights into how the current economic climate is different than the one experienced prior to the last economic downturn. The presentation provided insights into the new market realities that exist in the Las Vegas area community.

September 10, 2016

Nevada Economy 2016: The Role of Nevada's Mining Industry

On September 10, 2016, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention in Lake Tahoe, Nevada. The presentation, "The Role of Nevada's Mining Industry," included an economic update for the state and detailed the latest trends in Nevada's mining industry as well as its economic, fiscal and social contributions to the state.

June 16, 2016

2016 Las Vegas Perspective

Jeremy Aguero was the featured speaker at the 36th annual Las Vegas Perspective event on June 16, 2016. Posing a series of "what if" scenarios, Aguero asked the audience to picture what it would look like if southern Nevada were exceeding economic expectations and excelling in areas of education and economic development. Aguero illustrated that southern Nevada has already made achievements on many of those fronts as it continues to look toward the future.

September 6, 2015

Nevada Economy 2015: The Role of the State's Mining Industry

On September 12, 2015, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention in Lake Tahoe, Nevada. The presentation, "Nevada Economy 2015: The Role of the State's Mining Industry," included an economic update for the state and detailed the latest trends in the Nevada mining industry as well as its economic, fiscal and social contributions to the state.

May 19, 2015

2015 Las Vegas Perspective

On May 19, 2015, Jeremy Aguero was the keynote speaker at the 35th annual Las Vegas Perspective event. Aguero juxtaposed the major barriers facing the Las Vegas valley along with the major opportunities and improvements coming to fruition throughout southern Nevada. In keeping with this year’s theme, “Reaching New Heights,” Aguero highlighted the advantages of overcoming existing barriers, which will allow southern Nevada to reach a new and improved standard of living and a stronger economy. Aguero also provided forecasts for various economic indicators, including gross gaming revenues, commercial vacancy rates, taxable retail sales and more.

February 5, 2015

Reno Directions

Jeremy Aguero was a featured speaker at Reno Directions on February 5, 2015. Aguero's presentation focused on trends in key areas of the economy, including population, employment, taxable retail sales, housing and commercial and industrial markets. In addition, Aguero provided insight into some of the major developments happening in northern Nevada, particularly new and expanded businesses in the area. Aguero ended his presentation with a discussion of major threats and opportunities facing northern Nevada.

January 30, 2015

The Numbers Tell the Story

Jeremy Aguero was a featured speaker at Preview Las Vegas on January 30, 2015. Aguero's presentation focused on trends in key areas of the economy, including population, employment, taxable retail sales, tourism and gaming, housing and commercial and industrial markets. In addition, Aguero provided insight into some of the major developments happening in southern Nevada and what he expects will be vital to southern Nevada's success.

December 9, 2014

Current and Historical Room Tax Distributions in Southern Nevada

On Tuesday, December 9, 2014, Jeremy Aguero delivered a presentation to the Las Vegas Convention and Visitors Authority’s Board of Directors at the Las Vegas Convention Center. The presentation was entitled, "Current and Historical Room Tax Distributions in Southern Nevada" and provided an overview of room tax collections and distributions in FY 2014 as well as the evolution of distributions since the inception of the tax almost 60 years ago.

October 15, 2014

Economic Conditions: What to Watch Going Into 2015

On Wednesday, October 15, 2014, Jeremy Aguero delivered a presentation at an Institute for Supply Management - Nevada Chapter (ISM-NV) meeting. Aguero's presentation, entitled Economic Conditions: What to Watch Going Into 2015, discussed a number of major trends to watch going into 2015, particularly in southern Nevada. Major trends included population, employment, taxable retail sales, housing, tourism, cost of living and water availability. The presentation ended with a discussion of the potential impacts of the Nevada Margin Tax Initiative.

September 22, 2014

Nevada Housing Forum

On September 22, 2014, Jeremy Aguero was a featured speaker at an event hosted by the Lied Institute for Real Estate Studies at UNLV, in partnership with the Nevada Department of Business & Industry. His presentation included a general economic update, with a specific focus on the state housing market. In particular, Aguero discussed housing market conditions in both Clark and Washoe counties. Aguero ended the presentation with an overview of the Nevada Housing Stability Index (NHSI), covering its various components and performance.

September 6, 2014

Nevada Economy 2014: The Role of the State's Mining Industry

On September 6, 2014, Jeremy Aguero delivered a presentation at the Nevada Mining Association’s Annual Convention in Lake Tahoe, Nevada. The presentation, “Nevada Economy 2014: The Role of the State’s Mining Industry,” included an economic update for the state and detailed the latest trends in the Nevada mining industry as well as its economic, fiscal and social contributions to the state.

June 25, 2014

Commercial Real Estate Update

On June 25, 2014, Jeremy Aguero presented to the CCIM Southern Nevada Chapter. His presentation included an update for the southern Nevada economy as well as an overview of the southern Nevada commercial real estate market. In addition to highlights from the office, industrial and retail markets, Aguero discussed key considerations for the commercial real estate market going forward.

June 23, 2014

Nevada Housing Report Card: How Does Southern Nevada Score?

On June 23, 2014, Jeremy Aguero was a featured speaker at an event hosted by the City of Las Vegas and Home Again: Nevada Homeowner Relief Program. His presentation focused on the factors driving the demand for housing, particularly population, business and employment, and taxable retail sales. The presentation also highlighted statewide housing performance, with a specific focus on the southern Nevada housing market. Aguero ended the presentation with a spotlight on the status of statewide mortgages and the concept of value from all aspects of the home buying process.

June 12, 2014

Nevada Housing Report Card: How Does Northern Nevada Score?

On June 12, 2014, Jeremy Aguero was a featured speaker at an event hosted by the City of Reno and Home Again: Nevada Homeowner Relief Program. His presentation focused on the factors driving the demand for housing, particularly population, business and employment, and taxable retail sales. The presentation also highlighted statewide housing performance, with a specific focus on the northern Nevada housing market. Aguero ended the presentation with a spotlight on the status of statewide mortgages and the concept of value from all aspects of the home buying process.

March 26, 2014

2014 Las Vegas Perspective

On March 26, 2014, Jeremy Aguero provided his assessment and interpretation of the contents of the 2014 Las Vegas Perspective publication, a comprehensive economic and community resource in its 34th year. Aguero provided analysis of the latest economic trends, key data points, and implications for community and business leaders going forward. Areas of focus included population, employment, real estate and consumer spending, just to name a few.

March 21, 2014

Latino Network of Southern Nevada

On Friday, March 21, 2014, Jeremy Aguero presented to the Latino Network. His presentation covered the rise and role of the Hispanic community in southern Nevada, focusing on the growth of the community and its contributions to regional economic activity. It also provided an overview of the geographic concentration of the Latino population and raised concern over issues regarding food security, economic opportunity and education.

January 30, 2014

Recession, Recovery & Nevada's New Economy

Jeremy Aguero shows us how far Nevada has come from the Great Recession during Reno Directions 2014.

January 24, 2014

How Far We've Come

Jeremy Aguero shows us how far the Las Vegas valley has come from the Great Recession during Preview Las Vegas 2014.

October 8, 2013

Realty Executives Quarterly Meeting

On October 8, 2013, Jeremy Aguero was the keynote speaker at the Realty Executives quarterly all-hands meeting. Focusing on market conditions likely to affect the residential housing sector, Aguero discussed the potential implications of national economic trends, including the on-going government shutdown; profiled $7.1 billion in major investment activity occurring throughout southern Nevada; and reviewed supply, demand and pricing conditions in the residential sector.

September 20, 2013

The "New Nevada": Imagining What Comes Next

On Friday, September 20, 2013, Jeremy Aguero delivered a presentation to the UNLV Technology Summit at the Rob Roy iNEVation Center. The presentation entitled, "The ‘New Nevada’: Imagining What Comes Next", provided a general economic update for the state of Nevada, outlined major investments currently in the development pipeline and provided Aguero's thoughts on the mega trends likely to affect the state’s economic development and diversification prospects over the next decade.

September 7, 2013

Nevada Economy 2013: The Role of the State's Mining Industry

On September 7, 2013, Jeremy Aguero delivered a presentation at the Nevada Mining Association's Annual Convention in Lake Tahoe, Nevada. The presentation, "Nevada Economy 2013: The Role of the State's Mining Industry," included an economic update for the state, an overview of how the Nevada mining industry ranks on a national and global scale, and detailed the industry's economic, fiscal and social impacts.

August 23, 2013

Economic Impacts of Perceived Water Supply Shortages

On August 23, 2013, Jeremy Aguero delivered a presentation on water resource economics to the Water Law Institute. The presentation focused on the economic implications of a water shortage, whether real or perceived. The presentation summarized the negative effects reported throughout the United States as a result of water shortages or restrictions in various states. Those impacts not only affected consumer behavior but also industries as diverse as agriculture and tourism. Conservation was cited as a key factor, as the competitiveness over limited resources is expected to become increasingly scarce as a record drought continues.

July 17, 2013

The "New Nevada": Imagining What Comes Next

On Wednesday, July 17, 2013, Jeremy Aguero delivered a presentation to the Nevada Department of Employment, Training and Rehabilitation's Sector Councils. The presentation entitled, "The ‘New Nevada’: Imagining What Comes Next", provided a general economic update for the state, outlined major investments currently in the development pipeline and provided Aguero's thoughts on the mega trends likely to affect the state’s economic development and diversification prospects over the next decade.

April 4, 2013

Wired for the Future

Jeremy Aguero was a featured speaker on Thursday, April 4, 2013, at the annual Las Vegas Perspective event. Aguero’s presentation, entitled Wired for the Future, highlighted the transformation of the aviation industry to demonstrate the rapidly evolving nature of the technology industry and the Las Vegas economy. In addition, Aguero provided his perspective on a number of key economic and policy factors for consideration in 2013 and beyond. The presentation was also intended to provide event attendees with a better understanding of the data and information contained in the 2013 Las Vegas Perspective, the 33rd annual edition.

January 24, 2013

Opportunity is Everywhere

Jeremy Aguero was a featured speaker on Thursday, January 24, 2013, at the Las Vegas Metro Chamber of Commerce’s annual Preview event. Aguero’s presentation, entitled Opportunity is Everywhere, detailed investment and innovation that is going on throughout the Las Vegas valley. It included an overview of technology investments, airport expansions, and development activity in Downtown Las Vegas and on the Las Vegas Strip. Aguero also reviewed the impacts and future development opportunities at Nellis Air Force Base; the University of Nevada, Las Vegas; the Community College of Southern Nevada; and a number of special events in the region. Finally, Aguero also touched on changing dynamics in the local housing market as well as office, industrial and retail trends. This is Aguero’s seventh year as Preview’s featured speaker on regional economic trends.

December 11, 2012

Post-Election and Economic Update

On Tuesday, December 11, 2012, Jeremy Aguero delivered a presentation to the United Way of Southern Nevada's Tocqueville Society. The presentation covered a wide range of topics but focused on economic expectations post the November 2012 general election. Included were discussions of economic fundamentals and the potential implications of rapidly evolving national and global challenges.

November 15, 2012

Post Election and What It Means for You and Your Business

Southern Nevada Edition

November 8, 2012

Post Election and What It Means for You and Your Business

Northern Nevada Edition

October 8, 2012

Foreclosure Crises: A Past, Present and Future Perspective (Update)

The White House Intergovernmental Affairs and the Department of Housing and Urban Development (HUD) asked local leaders to help educate the community about the resources available through the Home Affordable Refinance Program (HARP) by hosting a roundtable. Mayor Carolyn Goodman hosted a series of roundtable discussions in response to this request. Applied Analysis was asked by Mayor Goodman to provide a general overview of southern Nevada foreclosure trends during the second meeting in the series held on October 8, 2012. The presentation, entitled Foreclosure Crises | A Past, Present and Future Perspective, is an update to a similar presentation delivered on August 7, 2012 and available for review or download here.

September 6, 2012

Nevada Economy 2012: The Role of the State's Mining Industry

On September 6, 2012, Applied Analysis Principal Analyst Jeremy Aguero spoke on the Nevada economy and the role that mining plays at the Nevada Mining Association's annual convention in Lake Tahoe, Nevada. Aguero's presentation, entitled Nevada Economy 2012: The Role of the State's Mining Industry, provided an overview of national, regional and state economic conditions, followed by a focus on the mining industry and its economic, fiscal, community and environmental impacts on the state of Nevada. The analysis took into account the results of an industry-wide survey conducted by Discovery Nevada, AA's survey research division. The analysis concluded that while the mining industry accounts for a relatively small portion of the state's employment, its contributions to personal incomes, economic activity, and state and local tax revenues are significant.

August 7, 2012

Foreclosure Crises: A Past, Present and Future Perspective

The White House Intergovernmental Affairs and the Department of Housing and Urban Development (HUD) asked local leaders to help educate the community about the resources available through the Home Affordable Refinance Program (HARP) by hosting a roundtable. Mayor Carolyn Goodman hosted the roundtable discussion on August 7, from 11:00 AM to 1:30 PM. The roundtable included non-profits, lenders, and constituents. Applied Analysis was asked by Mayor Goodman to provide a general overview of southern Nevada foreclosure trends. The presentation, entitled Foreclosure Crises | A Past, Present and Future Perspective, is available for review or download here.

March 27, 2012

2012 Las Vegas Perspective

Jeremy Aguero, Principal Analyst, was asked to provide an annual update at the Las Vegas Perspective event held on March 27, 2012 at the Four Seasons Las Vegas. The report focuses on recent market performances, the current economic climate and expectations for the southern Nevada market going forward. More specifically, the presentation centered around the six (6) categories contained within the 2012 Las Vegas Perspective publication. The analysis included an assessment of the demographic composition of Las Vegas residents, characteristics of the community, performances of business and industry, retail trade activity, trends within various real estate sectors and recent upticks in the tourism industry.

February 10, 2012

The New West - Uncertainty, Challenges and Opportunities

On February 10, 2012, Jeremy Aguero presented to a general assembly of the Western Association of Chamber Executives (W.A.C.E.). Aguero's presentation covered current economic conditions in the United State and for the western states. He also focused on challenges facing the West including increasingly competitive economic development conditions, an aging demographic and insufficient transportation infrastructure.

February 9, 2012

Southern Nevada Market Overview

Members of Nevada's Adult Education Program invited Jeremy Aguero to be the presenter for their January web conference. The presentation covered a number of topics including housing, employment, and consumer spending. Aguero related the economy's performance back to key issues of economic development and education within the state, expressing concern that the some challenges may require longer-term strategies which are often difficult to develop when the Nevada's legislature meets for only 120 days every other year.

February 9, 2012

Reset, Rethink, Rebuild.

On February 9, 2012, Applied Analysis Principal Analyst Jeremy Aguero presented an economic and market overview at the annual Preview Las Vegas event. This represents the sixth consecutive time Aguero has been tasked to provide a historical review of the economic climate during the past year while looking forward for the upcoming 12 months. Aguero's presentation, entitled Reset, Rethink, Rebuild, includes a review of key national economic performance measures; three of primary local factors - population, employment and incomes; and selected sector-specific analyses, including the hospitality industry.

February 2, 2012

Local Governments and a Nevada Services Tax A Preliminary Review and Analysis

On February 2, 2012, Jeremy Aguero delivered a presentation to a meeting of Nevada's mayors in Reno, Nevada relating to the state's existing sales and use tax and the potential impacts of developing a statewide services tax on local governments. The presentation included a timeline of the sales tax's development from its origins in 1955 to its current form today. The presentation also compared Nevada's sales tax with similar levies in other states.

January 27, 2012

An Update on Nevada's Economy

On January 27th, Jeremy Aguero delivered a presentation on state economic issues to the Western Industrial Alliance (WIN) at the Peppermill in Reno, Nevada. The presentation, entitled An Update on Nevada's Economy covered a number of economic issues including employment and income growth, residential and commercial real estate market conditions, and consumer spending trends. Noting that Nevada's economy has shown signs of recovery, Aguero concluded that significant changes to the state's education system and economic development policies are necessary for a sustained improvement.

January 19, 2012

If Economic Development is Nevada's New Economy, What Does Nevada's New Future Look Like?

On January 19, 2012, Applied Analysis Principal Analyst Jeremy Aguero was the keynote speaker at the Nevada Development Authority's monthly breakfast meeting. Aguero's presentation, entitled If Economic Development is Nevada's New Economy, What Does Nevada's New Economy Look Like, reviewed the history of business development in southern Nevada and offered an alternative view of the region's economic development positioning. The analysis concluded that a more diversified economy in southern Nevada may have saved the region some pain during the past several years, but may have also limited its prosperity during the past two decades. While it is important the economy evolve over time, it is also critical that southern Nevada preserve and build on existing competitive advantages.

January 10, 2012

Taking Stock: Nevada's Housing Market in 2012

On January 10, 2012 Principal Analyst Jeremy Aguero provided the keynote address at the Southern Nevada Home Builders Association luncheon. The presentation provided a summary of supply, demand and pricing dynamics in southern Nevada's housing market. Aguero concluded that although economic conditions in southern Nevada continue to show signs of steady improvement, the housing market continues to face a significant supply-demand imbalance. Potential opportunities were noted in the multi-family and rental markets. The potential impact of legislation such as AB 284 (2011) and AB 273 (2011) were also called out for their potential impacts on the local housing market.

Southern Nevada Market Overview

On Thursday, March 1, 2012, Jeremy Aguero provided an overview on the southern Nevada economy to the leadership team at Cox Communications. The presentation included a wide variety of topics from tourism to transportation and health care to housing. Aguero noted that the economy continues to have some significant areas of weakness but renewed population growth, employment growth in key sectors and income growth all suggest that the region has transitioned from a prolonged period of contraction to one of modest growth.