In The News: Department of Economics
It is expected that in both modalities there will be a record.
Millions of Americans have been tightening their wallets due to inflation, and Las Vegas researchers now have proof to show how it has affected tourism and visitor spending.
Nevada had one of the highest unemployment rates in the nation in October amid a tight labor market and a shifting labor landscape, but local economists say not to sound the alarm.
The holiday rush is about to begin however many retailers are still looking for help.
Las Vegas is one of the most popular US destinations for Thanksgiving holiday travel, the AAA recently reported. It only ranks after Disneyworld and Disneyland.
In recent months, markers of the current economic conditions have grown impossible to miss — “now hiring” signs fill storefront windows, hours may be abbreviated at your favorite restaurants and commercials advertise special discounts in the face of inflation.
The economy is one of the most important electoral issues in the mid-term elections in the United States, which take place on Tuesday. This applies especially to the states that were hit hardest when the corona pandemic hit, including Nevada.
The upcoming holidays mean people spend —on food, on gifts, clothes and so much more.
The upcoming holidays mean people spend —on food, on gifts, clothes and so much more.
Las Vegas is the most popular US destination for upcoming Thanksgiving holiday travel with the exceptions of the cities where Disneyworld and Disneyland are located, the AAA recently reported.
It’s likely that Las Vegas will experience a small dip in tourism for the next couple of years, according to a group of economic researchers at UNLV.
It’s likely that Las Vegas will experience a small dip in tourism for the next couple of years, according to a group of economic researchers at UNLV.