Monthly Archives: May 2018

Nevada Unemployment Steady, Trust Fund Hits Record

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Nevada’s Unemployment Insurance (UI) Trust Fund ended the first quarter with a record balance of $1.3 billion. The number of employers in Nevada’s UI system also reached an all-time high of 70,600 in the first quarter of 2018, according to the Department of Employment, Training and Rehabilitation’s (DETR) April 2018 economic report. These are positive indicators for… Read more »

Las Vegas Gaining on Other Metros in Exports

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The latest Brookings Export Monitor is out, and it shows Las Vegas gaining on other major metropolitan areas over the last 15 years. In 2017, the city had real exports totaling $9 billion. That ranks Vegas 41st among the largest 100 metros, up from 48th in 2013. The share of exports in the city’s GDP… Read more »

Las Vegas Housing Crunch Raises April Prices

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Local home prices kept climbing through April as the local housing supply continued contracting, according to a report released by the Greater Las Vegas Association of REALTORS®(GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern Nevada during April through its Multiple Listing Service (MLS) was $289,000. That’s up 3.2 percent… Read more »

Nevada 13th for GDP Growth in Q4 2017

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Real gross domestic product (GDP) increased in 47 states and the District of Columbia in the fourth quarter of 2017, according to statistics on the geographic breakout of GDP released by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the fourth quarter ranged from 5.2 percent in Texas to -1.3… Read more »