In The News: Center for Business and Economic Research
The economy will be one of the main issues in the 2024 Presidential Election. Americans are concerned about the cost of food, fuel, and housing, among other things.
As Formula One has come and gone, some Las Vegas Valley businesses say they are still recovering from a weekend of losses while others report the race as their highest-grossing weekend ever.
Welcome to 2024. Following three years of economic extremes, from historic high unemployment and business lockdowns to the pandemic-caused bust and stimulus-caused boom, it’s been a ride.
Back in 1997, Clark County added a staggering 77,336 people to its population, with 38 percent of the newcomers hailing from California. More than a quarter century later, the same story is still playing out, albeit on a slightly smaller scale.
The focus of the Nevada gaming industry today will be whether the state shattered the all-time November revenue record of $1.32 billion, thanks to the Las Vegas Grand Prix.
We speak to economic expert Andrew Woods on where things stand with the resort/casino industry, and where it goes in the future.
Las Vegas’ workforce is the most at-risk for losing jobs to artificial intelligence, according to a recent report determining the U.S. cities where AI poses the biggest threat to employment.
While the state rakes in record high tax revenues, workers are still facing slow wage growth and the nation’s highest unemployment rate.
UNLV’s latest population report prepared for local governments estimates this year on average Clark County is adding around 115 residents a day to its population, and places such as North Las Vegas and Henderson were some of the fastest-growing municipalities in the country last year.
UNLV economist Andrew Woods breaks down what we know about the benefits and detractors from the Las Vegas Grand Prix.
If you were to rewind the clock 15 years, the conversation surrounding hotel investment in Las Vegas would be very different. Of course, one could say that about many major cities, but perhaps none more so than Sin City, a desert oasis that hung its hat on gaming and gluttony.
As Nevadans, we don't pay state income tax, so major events like the Las Vegas Grand Prix help us maintain a lot of local infrastructure. But with all that revenue comes a certain amount of sacrifice. For F1, it came in the form of serious inconvenience. So does the county really want to continue to court major sporting events and the teams that play in them?