Current Economic Review_UNR – Download PDF
credit: Reno Gazette Journal
Washoe County commissioners have put the county’s financial house, the regional economy and jobs at the top of their agenda in 2012 even though the county has no direct role in economic development.
The commission put those issues at the top of its list as the region continues to struggle under the weight of stubborn 12 percent unemployment rates, high foreclosures and the collapse of the housing industry.
More so than in the past, economist Brian Bonnenfant said, county officials tried to get their arms around regional economic trends and what they mean in demands for county services during the commission’s annual retreat Thursday.
“Revenues are not going to be there for the next two to three years. They’re really struggling with solutions on how to right the ship,” Bonnenfant said. “When past trends have blown up, it’s hard to project.”
Bonnenfant, project director with the Center for Regional Studies...