Monthly Archives: October 2018

Nevada Unemployment Steady As 2,800 Jobs Gained in September

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According to the latest data from the Department of Employment, Training and Rehabilitation (DETR), the state’s headline or U-3 unemployment rate remained unchanged in September by holding steady at 4.5 percent over the month, but is down 0.4 percentage points over the year. Initial claims for September unemployment insurance (UI) benefits totaled 8,290, the lowest… Read more »

August Tourism Stats a Mixed Bag for Las Vegas

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The August numbers are out from the Las Vegas Convention and Visitors Authority (LVCVA). While overall visitor volume was down 0.2% compared to August 2017, convention attendance was up 17.9% and auto and air traffic saw modest gains as well. The story is more mixed for the year to date, with convention attendance down slightly… Read more »

McCarran Sees 1.5% Bump in August Passengers

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The August passenger counts from McCarran International Airport are out. The total volume of arriving and departing passengers was 4,306,334 – an increase of 1.5% from August 2017. For the year to date, traffic was up 2.7% over the same period last year. Passenger growth was largely driven by international carriers, which saw a 6.9%… Read more »

Las Vegas Home Prices Hit $300,000 Milestone

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September home prices in Southern Nevada hit $300,000 for the first time in more than 11 years, according to a report released by the Greater Las Vegas Association of REALTORS® (GLVAR). That’s up 1.7 percent from August and up 13.2 percent from $265,000 in September of 2017. The median price of local condos and townhomes sold in… Read more »

Gaming Win Falls 7% in August

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of 912,980,589 for the month of August 2018. This amounts to a 7.74% decrease compared to August 2017, when licensees reported a gaming win of $989,526,639. For the fiscal year (July 1, 2018 through August 31, 2018), gaming win has decreased 3.99%. In Southern Nevada, the… Read more »