Northern Nevada’s smaller markets expect economic stability in 2021; issues could slow future growth
by Kaleb Roedel
When the coronavirus pandemic shut down Nevada, the economic shocks many monitored were the reverberations in its urban centers. One end went largely dark due to its dependence on tourism (Las Vegas-Henderson), while the other corner of the state kept far more lights on thanks to its diversified economy (Reno-Sparks).
In-between and east of those regions, however, are vast amounts of land, where the Silver State’s smaller markets and rural communities are in varying degrees of rebounding from the COVID recession.
SIERRA REGION ON THE UPSWING
Take a look at Northern Nevada Development Authority’s so-called “Sierra Region,” which includes Carson City, Douglas, Lyon, Mineral and Storey counties. Back in March, NNDA CEO Rob Hooper said he was worried the recovery would be W-shaped.
Ten months later, Hooper is confident the region will avoid a double-dip recession and instead continue on a V-shaped recovery.
Read entire article in the NNBW: https://www.nnbw.com/news/northern-nevadas-smaller-markets-expect-economic-stability-in-2021-issues-could-slow-future-growth/