Monthly Archives: November 2017

Nevada Small Business Growth Hits Post-Recession High

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A new release from Nevada’s Department of Employment, Training, and Rehabilitation looks at the health of the state’s small businesses – those with less than 100 employees. At nearly 625,000 jobs in the second quarter of this year, employment in these establishments has rebounded sharply from the recessionary low of 510,000 in early-2010. Compared to… Read more »

Nevada GDP Growth Among Top 10 At 3.8% In Q2

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The latest release by the US Bureau of Economic Analysis shows Nevada’s gross domestic product rising by 3.8% over the second quarter of 2017. The state outperformed every neighbor except Utah, which edged the state by one-tenth of one percentage point. Nationally, mining increased 28.6 percent and was the leading contributor to growth for the… Read more »

Nevada Headline Unemployment Up To 5% in October

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Nevada’s headline or U-3 unemployment rate ticked up 0.1 percentage point to five percent in October, down from 5.3% a year ago, according to the state’s Department of Employment, Training, and Rehabilitation (DETR). The state’s U-6 rate, which includes workers discouraged from looking or employed part-time not by choice, is 11.4% and remains third-highest in the… Read more »

McCarran Hits Record Traffic Again in October 2017

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The latest numbers are out from McCarran International Airport, and October set a new record with 4,339,416 passengers arriving or departing. This is a 1.5% increase over passenger volumes in October 2016. Year-to-date traffic is up a healthy 2.2% over the same point in 2016. The previous all-time monthly record of 4,325,676 passengers was set in July 2017…. Read more »

Las Vegas Tourism Stats Are Mixed Bag In September

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The latest statistics from the Las Vegas Convention and Visitors Authority are out, showing mixed results across indicators in September. As previously noted on our blog, gaming revenue was up about 3% and air traffic also rose slightly compared to September 2016. However, auto traffic was essentially flat and LVCVA’s statistics indicate overall visitor volume… Read more »