Nevada’s tourism economy could hit some “bumps in the road” over the next few years, according to UNLV’s Center for Business and Economic Research’s yearly economic outlook report released Wednesday.

A UNLV economics professor released a report this week suggesting Las Vegas’ visitor volume, gaming revenue, and hotel occupancy will decline in 2025 and 2026 due to a softening of the nation’s economy.

Southern Nevada’s short and long-term economic prospects may be characterized by efforts to develop existing industries and diversify into new ones, economic leaders forecasted on Wednesday.

Las Vegas Valley residents need to make $111,416 a year to “live comfortably,” according to a new Banking Rates study. This puts the valley as the 16th most expensive metro to live in the U.S. out of 50 metros analyzed with the Las Vegas Valley ranking above such cities as Atlanta, Nashville and Phoenix.

The two leading presidential candidates and their surrogates during Vegas campaign stops have voiced support for ending taxes on tips. But the similar proposals as outlined by Vice President Kamala Harris and former President Donald Trump remain unlikely to be implemented, according to UNLV economist Stephen M. Miller.

Southern Nevadans reacted to the Federal Reserve’s Wednesday announcement of the first interest rate cut in four years. The drop of half a percentage point will bring the key rate to 4.75%-5.00%, which will in turn influence credit cards, mortgage rates, and loans.

Southern Nevadans reacted to the Federal Reserve’s Wednesday announcement of the first interest rate cut in four years. The drop of half a percentage point will bring the key rate to 4.75%-5.00%, which will in turn influence credit cards, mortgage rates, and loans.

For a city like Las Vegas, which depends on immigrant labor across several industries, a mass deportation could hinder the local economy in a way similar to the pandemic, one expert said.