Posts Categorized: RCG News Room

Good Economists Won’t Let Numbers Lie

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By VEGAS INC staff (contact) As principal of RCG Economics in Las Vegas, John Restrepo directs the firm’s economic and financial consulting activities. With 34 years of experience analyzing regional economic and real estate trends, Restrepo frequently is sought to speak at business gatherings in Southern Nevada and often is a source for media outlets… Read more »

Help Wanted: The Future of Nevada’s Job Market

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By Chris Sieroty – KNPR News A recent jobs report paints a positive picture for Nevada. The state is benefitting from a low unemployment rate and the highest number of employers since 2008. What’s different seven years later, though, is the type of jobs. More than half of Southern Nevada’s job growth last year came in… Read more »

Valley commercial real estate outlook is good

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By John Restrepo Special to Las Vegas Business Press In commercial real estate, as in life, one important indicator of future events is past performance. In that vein, three things from 2014 stand out: ▶ First, office-using jobs, industrial-related jobs, and retail-sector jobs were up over the prior year. In particular, Southern Nevada’s industrial jobs… Read more »

BLM auction shows confidence in Vegas housing market

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By JENNIFER ROBISON LAS VEGAS REVIEW-JOURNAL A strong response to a recent federal land sale is being seen as an indicator that the Las Vegas real estate market is still on the upswing despite slowed growth in home and land prices. The Bureau of Land Management auctioned hundreds of acres across southwest Las Vegas on… Read more »

John Restrepo added to Housing Outlook Panel

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By Andrew Smith – Home Builders Research Inc. Home Builders Research is pleased to announce the addition of John Restrepo, Principal of RCG Economics, to the panel of our upcoming Housing Outlook conference on Friday, October 24th at the Springs Preserve.  John is one of the valley’s top economists and consultants and we look forward… Read more »

Study: New UNLV stadium could pack $511 million economic punch

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By Paul Takahashi  – Las Vegas Sun UNLV’s proposed new football stadium could add between $231 million and $511 million in direct spending to the Las Vegas economy each year, if it’s built, according to the university’s stadium consultants. Conventions, Sports and Leisure International, assisted by local financial firm RCG Economics’ John Restrepo, presented its… Read more »

Food fight: Why we have so many markets

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By Ed Komenda – Las Vegas Sun Where do you buy milk? How about chicken, Cheetos and toilet paper?For Southern Nevadans, there are hundreds of options.Groceries are big business here, and a glut of food stores are vying for your attention.Consider this: In a 6-mile swath of Henderson, there are more than 15 supermarkets and grocery… Read more »

Consultant offers three-pronged funding for UNLV stadium

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By ALAN SNEL LAS VEGAS REVIEW-JOURNAL The consultant for the University of Nevada, Las Vegas stadium board on Thursday offered a three-pronged funding approach to help build a 50,000-seat campus stadium. Bill Rhoda, president of Plano, Texas-based CSL, identified three “buckets” of money as a buffet approach to help build the stadium — a sales… Read more »