In The News: Center for Business and Economic Research
It’s been 10 years since the collapse of the Lehman Brothers financial services firm. The company’s bankruptcy filing on Sept. 15, 2008 greatly intensified the financial crisis and still holds the record as the largest bankruptcy in U.S. history.
The “third” estimate for U.S. real gross domestic product (GDP) for the first quarter of 2018 expanded at a 2.0 percent annualized rate, revised down from the second estimate of 2.2 percent. The downward revisions mainly reflected smaller-than-expected private inventory investment and personal consumption expenditure. U.S. nonfarm employment continued its surprising gain by adding 213,000 jobs in June.
A looming trade war with China may threaten visitation from one of the fastest-growing tourist markets.
Online shoppers may have to pay a little more at checkout due to a decision from the highest court in the land.
A Fitch Ratings report published by Forbes designating Las Vegas as the most overvalued real estate market in the nation has homeowners who survived the foreclosure crisis jittery and real estate agents angry. But experts say contrary to increasingly frequent warnings from Fitch and others, Las Vegas is not in danger of suffering another housing bubble. We’re just coming up from underwater.
A Fitch Ratings report published by Forbes designating Las Vegas as the most overvalued real estate market in the nation has homeowners who survived the foreclosure crisis jittery and real estate agents angry. But experts say contrary to increasingly frequent warnings from Fitch and others, Las Vegas is not in danger of suffering another housing bubble. We’re just coming up from underwater.
There are thousands of them in neighborhoods all across the valley.
There's probably one on your block.
On March first, President Donald Trump announced tariffs on steel and aluminum. In the week that followed, Republicans have urged him to scale back. His economic advisor resigned, and several companies have come out against the deal.
It’s been a decade since the great recession hit Nevada. As we start the new year of 2018, the state’s economy overall remains in recovery mode, with the majority of related metrics remaining below their peaks in 2006 and 2007.
It’s been a decade since the great recession hit Nevada. As we start the new year of 2018, the state’s economy overall remains in recovery mode, with the majority of related metrics remaining below their peaks in 2006 and 2007.