In The News: Center for Business and Economic Research
Joseph Dutra remembers the sticker shock he saw for the price of cocoa beans. As the manufacturer of Kimmie Candy in Reno, Dutra’s business purchases chocolate ingredients one year in advance. Cocoa beans from Africa – also feeling the effects of inflation – cost roughly $3,000 per metric ton in 2023. In April, the market was up to $12,000, before more recently settling around $7,000.
When the economy shifts no bells ring, smoke signals rise or, more contemporarily, smartphone alerts sound. You may not even notice, but economists do. So, when the Federal Reserve Open Market Committee, aka the lords of interest rates, cut rates by 50 basis points in September and another 25 basis points in November, economists and market analysts took notice.
When the economy shifts no bells ring, smoke signals rise or, more contemporarily, smartphone alerts sound. You may not even notice, but economists do. So, when the Federal Reserve Open Market Committee, aka the lords of interest rates, cut rates by 50 basis points in September and another 25 basis points in November, economists and market analysts took notice.
If you’re thinking about going up to Mt. Charleston to cut your own Christmas tree, think again. It’s illegal. And if you think everyone knows that, keep in mind that an estimated 115 people move to Clark County every day. That’s according to UNLV’s Center for Business and Economic Research.
A cup of coffee will likely run you 21 percent more now than it did before the pandemic, according to new data provided by UNLV.
Longtime Nevada politician Shelley Berkley is about to become the next mayor of the City of Las Vegas. She discusses the biggest issues she wants to address once in office and her goals for the city. Then, we go to the UNLV Center for Business and Economic Research Economic Forecast, where experts share their outlook for what we might see in Southern Nevada going forward.
Longtime Nevada politician Shelley Berkley is about to become the next mayor of the City of Las Vegas. She discusses the biggest issues she wants to address once in office and her goals for the city. Then, we go to the UNLV Center for Business and Economic Research Economic Forecast, where experts share their outlook for what we might see in Southern Nevada going forward.
If there’s anything the election taught us, or maybe reminded us, rather, it’s that the economy is the most important issue for voters.
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.
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.
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.
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.