economy

Thousands of Mountain West residents who were slated to be kicked off food stamps will retain access to benefits next month. That's after a federal judge blocked a Trump administration rule mandating work requirements for Supplemental Nutrition Assistance Program benefits, or SNAP.

Restaurants, bars and major ski resorts have begun to temporarily shut down across the Mountain West this week in an effort to curb the spread of COVID-19. But economists said it’s still too early to fully understand the breadth of how these closures will impact the region’s booming tourism economy.

High Demand For Dry Goods Is Taxing Supply Chains

Mar 16, 2020
The shelving along a supermarket aisle is completely empty of products.
Brian Bahouth / The Sierra Nevada Ally

On Thursday and Friday, Nevada stores saw a 20% surge in demand for dry goods. Panic buying is testing the nation’s system of freight transport, but according to a Nevada trucking industry spokesperson, the supply chain will soon catch up with demand.

It looks like President Trump’s partial trade deal with China won’t bring in the promised $40 billion or so worth of agricultural trade for the U.S. this year. 

An up-close view of the coronavirus.
Centers for Disease Control and Prevention

Thousands of cases of the coronavirus have been reported worldwide, with most occurring in China. However, the outbreak is sure to have big economic impacts in the U.S.

An image of a copper plant in Nevada.
Nevada Bureau of Mines and Geology / Nevada Division of Minerals

When it comes to economic development, much of the attention goes to big cities, but some rural areas in Nevada are also attracting big names.

That was one of the main points at the annual Winnemucca Futures, a networking and learning event to talk about the economy and business.

A new analysis from the Bozeman-based non-profit Headwaters Economics shows that the outdoor recreation industry is growing more than twice as fast as the overall economy, and the industry has an especially outsized role in the Mountain West.

Malachi Brooks / Unsplash

Immigrants make up more than ten percent of the population in our region. And according to a report, that can provide big economic benefits.

Pew Charitable Trusts

Since the Great Recession, personal income and jobs have grown across the country and throughout our region. But that growth is uneven.

Editor's Note: This story has been corrected to clarify that at this time, the freestanding emergency care center is slated to open in 2020. A previous version of this story incorrectly stated that the facility had already opened. We apologize for the error.

Northern Nevada Medical Center recently held a groundbreaking event for its planned freestanding emergency department in northwest Reno, which is slated to officially open in 2020.

Northern Nevada is making room for industrial space this year, sectioning off 4.5 million square feet of land, but developers are facing some hurdles. 

"TESLA" glows in red
pixabay.com

Recently, Tesla announced the company will be cutting 7 percent of staff as it attempts to build more affordable vehicles. KUNR contributor Kaleb Roedel of the Northern Nevada Business View has more.

 Steve Benjamin mayor of Columbia, South Carolina speaks about his investments during his presidency with the U.S Confernece of Mayors .
Stephanie Serrano

A group of mayors from across the country are looking to Reno as an example of how arts and culture can power local economies. KUNR's Stephanie Serrano has more.

Interview: Tahoe's Lack Of Workforce Housing

Jun 28, 2018
A view of Lake Tahoe during the day.
Josh Clemence, Unsplash.com

The housing crunch is being felt across Northern Nevada, but up in Tahoe, the community faces a unique set of challenges. Seventy-eight percent of the homes in the Tahoe area are either vacation rentals or second homes. Meanwhile, many of the people who work in Tahoe can’t afford to live there. Heidi Hill Drum is the CEO of the Tahoe Prosperity Center; she spoke with our reporter Tim Lenard.

Kaleb Roedel

MedMen, a Los Angeles-based cannabis company, has opened up its $15 million marijuana factory near Reno. Our contributor Kaleb Roedel of the Northern Nevada Business Weekly has the story.

Nearly nine out of ten small business leaders across Nevada say the state’s economy is heading in the right direction. That’s according to an annual survey by Nevada State Bank. To break down that survey, KUNR News Director Michelle Billman talks to contributor Kaleb Roedel of the Northern Nevada Business Weekly.

(left to right): Dilek Uz, Stephen Brown, Kimberly Robbins and Frances Moore discuss the economic impacts of climate change during UNR's Global Climate Change Summit, Saturday September 23.
Noah Glick

Scientists and community leaders gathered at the University of Nevada, Reno to discuss the impacts of climate change—on the environment and the economy.

ThisisReno.com

The City of Reno has given tentative approval to a project that would create a pipeline of treated effluent to the Tahoe-Reno Industrial Center which houses companies like Tesla and Switch. Our News Director Michelle Billman spoke to our contributor Bob Conrad if ThisisReno to learn more.

The water is needed for Switch, Tesla and other businesses at the Tahoe-Reno Industrial Center (TRIC).

Switch brought heavy-hitter “water czar” Pat Mulroy, formerly of the Southern Nevada Water Authority, to testify for the agreement, which mostly met with favor among council members.

Stephanie Serrano KUNR

The quinceañera industry is continuing to grow in Reno, increasing the economic impact in our community and providing jobs for many locals in the area. Our reporter Stephanie Serrano dives into the industry and explores what it takes to really put on a  quinceañera. Serrano is with Noticiero Móvil, a Spanish-English multimedia news outlet for Northern Nevada and part of the Reynolds School of Journalism. 

Noah Glick

The cannabis industry is projected to surge dramatically with the legalization of recreational pot in several states, including Nevada. But it’s not just the dispensaries who stand to benefit.

Pages