Posts Tagged: nevada

Statewide Gaming Wins Up For November And The Year

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A strong statewide gaming win in November, up 6.4% from last year, has helped the fiscal quarter winnings grow to $4,929,793,218. Much of this growth came from the Las Vegas Strip, which saw much higher winnings in November than it did last year: 10% more. The Boulder Strip has hit a slump, though its quarterly… Read more »

Nevada Sees Largest Annual Job Increase In Over 12 Years

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The Nevada Department of Employment, Training, and Rehabilitation (DETR) released their November 2018 economic report, and it’s good news for the state’s recovery. Nevada added a seasonally adjusted 5,200 jobs between October and November, with a total year-over-year a gain of 51,900 jobs from November 2017. That’s the largest annual increase since 2006, and the… Read more »

Clark County Mirrors Nation In Auto Loan Debt

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The Urban Institute is out with an excellent county-by-county map of auto loan debt and delinquency rates over the entire United States, broken down by both ethnicity (white vs. non-white) and loan type (subprime, near prime, and prime). Nevada closely matches the national averages: 31% of Nevadans have an auto loan, including 33% of white… Read more »

Las Vegas Housing Market Stable in November

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A new report by the Greater Las Vegas Association of REALTORS® GLVAR reported that the median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during November was $295,000. That’s just short of October’s median price of $295,025, but still up 13.0 percent from $261,150 in November of 2017. The median… Read more »

Most Tourism Indicators Tick Up in October

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The October Statistics from the Las Vegas Convention and Visitors Authority (LVCVA) have arrived, and many tourism indicators are positive after months of mixed results. As noted in our post on gaming numbers, it’s important to remember that some of this is attributable to correction from last year’s tragic October 1 shooting. The recovery in… Read more »

McCarran Airport Traffic Hits New Record in October

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The latest statistics are out from McCarran International Airport, and passenger counts hit a new high of 4,436,756. For those counting, that’s the 4th new record in the last 12 months. Air traffic is up 2.2% over the year and 2.4% for the year to date. International passenger counts continue to see stronger gains than… Read more »

Nevada Gaming Win Recovers in October

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,062,795,796 for the month of October 2018, according to the state’s Gaming Control Board. This amounts to a 7.47% increase compared to October 2017, when licensees reported a gaming win of $988,966,026. For the fiscal year (July 1, 2018 through October 31, 2018), gaming win… Read more »

October Unemployment Down As 5,100 Jobs Added

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According to the latest data from the Department of Employment, Training and Rehabilitation (DETR), the state’s U-3 or headline unemployment rate declined by 0.1 percentage point over the month, to 4.4 percent, in October 2018. The state’s unemployment rate is down half a percentage point over the year. This rate is 0.7 points above the… Read more »

Home Sales Slowed, Supply Expanded in October

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The Greater Las Vegas Association of REALTORS® (GLVAR) reported that the median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during October was $295,025. That was down 1.7 percent from September – when the median home price hit $300,000 for the first time in more than 11 years. October’s… Read more »

Spirit Soars to Second-Largest McCarran Carrier

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Despite a small dip of 0.4 percent from a year ago (there is a typo in the chart below), passenger volume at McCarran remains above 4 million for the seventh consecutive month in September. With 3 quarters in the books, passenger counts for the year to date have risen by 2.4 percent. Septembers decline was… Read more »