Over the past year, colleagues at the Brookings Institution and the University of Nevada, Las Vegas, have launched a research project that examines shifting inequities in the post-pandemic recovery. Many researchers, including our colleagues, have framed the effects of COVID as a disease and a turbulent economic moment that punctuated a robust economy. Far fewer have appreciated the asymmetries in the lived experiences of the journey back to normalcy, which have largely been defined by racialized identities, chronic marginalization, and the influence of place in shaping these experiences.

Over two years into the pandemic and its recovery, we now face an entirely new set of facts in the macroeconomy as we face a cooling economy and possibly another recession. Previously, loose monetary and expansionary fiscal policies saved the day for many people. The support for government programs to aid unemployed workers and small businesses proved essential during the recovery process. But, now, policy makers must evaluate a completely changed situation. Labor markets are overheating and employers find it difficult to hire needed workers. Moreover, the inflation dragon, which had been chained up for decades, is on the loose and creating anxiety for consumers, workers, and financial markets.

Over two years into the pandemic and its recovery, we now face an entirely new set of facts in the macroeconomy as we face a cooling economy and possibly another recession. Previously, loose monetary and expansionary fiscal policies saved the day for many people. The support for government programs to aid unemployed workers and small businesses proved essential during the recovery process. But, now, policy makers must evaluate a completely changed situation. Labor markets are overheating and employers find it difficult to hire needed workers. Moreover, the inflation dragon, which had been chained up for decades, is on the loose and creating anxiety for consumers, workers, and financial markets.

More than half of Nevada homeowners with mortgages are considered “equity rich” according to real estate data analyst ATTOM, meaning they owe less than 50% of their property’s market value.

More than half of Nevada homeowners with mortgages are considered “equity rich” according to real estate data analyst ATTOM, meaning they owe less than 50% of their property’s market value. 

Las Vegas-bound casino visitors face among the highest gasoline prices in the US. This could impact the number of visitors and COVID recovery in the gambling capital.

Eliza Trowbridge was already concerned about high gas prices earlier this spring when she realized someone had damaged her car while trying to siphon gas from it.

With recent dire warnings of a recession from major banking institutions like Deutsche Bank and Bank of America, Las Vegas could feel the impact of a downturn on a larger scale than other metropolitan areas with more diversified economies.

Soaring prices for gas, food, housing and construction supplies continue to hammer Nevadans.

The cost of health insurance in Nevada's private insurance exchange is calculated based on the coverage amount you choose. The state's private health insurance market is divided into three metal tiers, each having its own deductibles and out-of-pocket maximums. Silver plans, which cost an average of $531 per month for a 40-year-old, provide the best balance of cost and coverage. The “SelectHealth Value Silver 6500 - no deductible for office visits” plan from SelectHealth, Inc. offers the cheapest monthly premium in Nevada at $374 on average.

The high inflation rate and the disproportionate increase in property prices could trigger a new mortgage bubble in the United States, according to some sectors. Adriana Arevalo has the report.

Inflation was top of mind for economists and housing experts on Wednesday, as they shared their predictions for the future of the national and Southern Nevada economy at an event hosted by the UNLV Center for Business and Economic Research (CBER).