In The News: Center for Business and Economic Research
As Las Vegas’ McCarran Airport welcomed the first transatlantic visitors in 20 months this week, a new report predicts that visitation next year will be close to pre-pandemic levels. In 2023, they could well surpass them, the report suggests.
While U.S. lawmakers consider a pair of omnibus infrastructure and domestic spending bills, Nevada’s economic recovery continues to hinge on the novel coronavirus and its spread, economists said during a Tuesday economic forecasting event at the Thomas & Mack Center.
Welcome to the third installment of “Road to Recovery,” a recurring feature that provides semi-regular updates on Nevada economic news and data.

The state’s economy has been hit hard by the COVID-19 pandemic.

The state’s economy has been hit hard by the COVID-19 pandemic.
U.S. Treasury Secretary Janet Yellen said on Tuesday that the bipartisan infrastructure package approved by Congress and President Joe Biden's proposed social and climate spending plan would increase U.S. productivity and the size of its labor force.

While U.S. lawmakers consider a pair of omnibus infrastructure and domestic spending bills, Nevada’s economic recovery continues to hinge on the novel coronavirus and its spread, economists said during a Tuesday economic forecasting event at the Thomas & Mack Center.
Today, U.S. Secretary of the Treasury Janet L. Yellen delivered remarks at the University of Nevada-Las Vegas (UNLV) Center for Business and Economic Research Outlook Conference.
Supply chain shortages have been causing distress for businesses and shoppers around the country and the world.

One Las Vegas manufacturer is raising prices to cover increased costs.

While job growth last month in the leisure and hospitality sector outpaced all other private sectors in the U.S., it’s unclear if Nevada has experienced the same trend.
Station Casinos and some UNLV professors who follow the gaming sector disagree with the Culinary Workers Union on the best approach to rehire workers. About 21,000 employees, representing about a third of the union’s membership, remain out of work following the COVID-19 outbreak.