Southern Nevada saw its strongest October new home sales since 2006 during a month prices set a record high, in part because of a surge in million-dollar home closings, and builders expect prices to continue to rise in 2020.

A UNLV economics professor predicted the national economy will continue its slowdown in 2020 and 2021 and that should trickle down to the gaming and hospitality industry in Las Vegas that he said is surprisingly soft given record passenger numbers traveling through McCarran International Airport.

Years after the Great Recession ravaged the Nevada economy, could several cities across the state really find themselves among the most “dynamic” metro areas in the country?

Growth in the global economy is stalling. Trade tension with China is at an all-time high. So is a recession near? Many economists say yes.

The gap between economic theory and practice is sometimes cavernous. According to one theory, developed financial markets and access to lenders should make it easier for people to borrow money, become entrepreneurs and move to higher income brackets. But new research in the Journal of Policy Modeling finds that, in practice in the U.S., income inequality increases as financial markets develop.

Southern Nevada has roughly $26.1 billion worth of major construction projects in the pipeline — a sign, experts say, of a booming economy.

Beginning October 1, President Donald Trump will increase tariffs on $250 billion worth of Chinese goods from 25 percent to 30 percent. And come December 15, the US will extend a new 15 percent tax on $160 billion worth of Chinese products.

The “advance” estimate of U.S. real gross domestic product (GDP) for the second quarter of 2019 increased modestly, up by 2.1 percent at an annualized rate. The real GDP increase largely reflected strong consumer spending, rising by 4.3 percent, its fastest growth in nearly two years.