Posts Tagged: nevada

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 »

Despite Strip Slump, Gaming Win Up in September

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $991,222,034 for the month of September 2018, according to the state’s Gaming Control Board. This amounts to a 1.26% increase compared to September 2017, when licensees reported a gaming win of $978,932,772. For the fiscal year (July 1, 2018 through September 30, 2018), gaming win… Read more »

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 »

Las Vegas Tourism Stats Trend Down in July

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The latest statistics from the Las Vegas Convention and Visitors Authority (LVCVA) are out, and they show downward trends in most tourism indicators for the month of July. As noted on our blog, air traffic was up 2.3 percent from a year ago. However, traffic on I-15 was down 2 percent and overall visitor volume… Read more »

Las Vegas Home Prices Rise in August

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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 August was $295,000, matching the median price in May. That’s up 1.7 percent from July and up 13.5 percent from $260,000 in August of 2017. The median price of local condos… Read more »

Strip Gaming Revenue Slips in July

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of 996,439,793 for the month of July 2018, according to the state’s Gaming Control Board. This amounts to a 0.16% decrease compared to July 2017, when licensees reported a gaming win of $997,994,304. In Southern Nevada, the Strip saw a 5.75% decline compared to July of… Read more »