Posts Categorized: Market Research

Nevada still mired at bottom of U.S. housing market

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By Hubble Smith LAS VEGAS REVIEW-JOURNAL Foreclosures are down and home prices have increased in recent months, but that doesn’t mean Nevada’s housing market is on the road to recovery. By several measures, Nevada remains the weakest housing market in the nation.  Read Full Article

THE CRITICAL LINK BETWEEN WORKORCE DEVELOPMENT & ECONOMIC DEVELOPMENT

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RCG Economics and Dr. Alan Schlottmann, economist with The University of Nevada-Las Vegas (“UNLV”), recently published a “white paper” that assesses the opportunities for the Nevada System of Higher Education (“NSHE”) to increase its participation as a strategic partner in Nevada’s workforce development, job training and placement efforts in order to help create occupations that… Read more »

Nevada Showing Moderate But Consistent Job Growth

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Nevada’s economy gained 1,000 establishment-based jobs between September and October 2014, reaching a total of 1,226,800. This is a year-over-year (“YOY”) increase of 33,100 (2.8%) jobs compared to October 2013. As a whole, Nevada has recovered 56% of the 181,600 jobs lost since the pre-recession peak in December 2007. Year-to-date (“YTD”) growth in 2014 is 3.5%, one point higher… Read more »

How Nevada Should Ensure Future Fiscal Security

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This piece on Nevada’s Rainy Day Account (and that we posted as the first installment of RCG’s Public Policy Focus series) raises the following questions:   Did Nevada have the fiscal reserves necessary to fill budget gaps in the first and all subsequent years of the Recession? Does Nevada have enough in reserves to fill the current budget… Read more »