Tag: Las Vegas Economy

When will the big economic quake hit?

Image of the ground if it was U.S. paper currency and an earthquake fissure running through it.

On July 1st of this year, America set a record for the longest period of economic expansion in history. According to David Wessel, director of the Hutchins Center at the Brookings Institution, the economy has been expanding for 121 months, beating the previous record of 120, which was set in the 1990s. But the big… Continue Reading

Southern Nevada Third-Quarter Economic Numbers Looking Good

Four colored tabs for economic index

Since June of 2009, the U.S. has experienced 111 months of continuous, uninterrupted, economic growth. The only longer period of growth happened from March 1991 to March 2001 equaling 120 months. The reasons for America’s recovery are simple. Interest rates were cut quickly and aggressively by the country’s central bank, the Federal Reserve, and kept… Continue Reading

Clark County is back on the growth train

Image showing a chart with the words "Research & Analysis" printed across the middle.

  This month, we look at the latest growth figures for retail development, employment, and the economic competitiveness, as reported by the Marcus & Millichap Retail Research Market Report and the Las Vegas Global Economic Alliance annual survey. Starting with the latest Marcus & Millichap Retail Research Market Report, retailers absorbed more than 1.3 million… Continue Reading

Business confidence numbers are up for 2017

Lee Business School, released business confidence report 2017

On January 19, the UNLV Lee Business School’s Center for Business & Economic Research released the 2017 first quarter survey that indexes business confidence in Southern Nevada. The report is published by Stephen M. Miller, Director, and Jinju Lee, Economic Analyst for the Center. Highlights of the report show a surge in confidence that is… Continue Reading

From Bookies to Bookings, Vegas is looking capitalize on local pro-sports

On the average, 60 percent of Americans describe themselves as “sports fans.” Obviously, some Americans are more “fanatical” than others but needless to say the sports industry has become one of the bigger industries in the United States. Americans not only attend games, but they also spend thousands of dollars on sports logoed clothing and… Continue Reading