In The News: Department of Economics

KLAS-TV: 8 News Now

North Las Vegas is growing — fast. Thousands of new homes, shopping centers, and businesses are transforming what was once one of the hardest-hit areas during the Great Recession. A brand-new Walmart Supercenter is part of that change.

Nevada Independent

Declining fertility rates could spell trouble for state budgets as tax revenue declines in the long term.

CDC Gaming

An economist at the University of Nevada Las Vegas expressed concern about Las Vegas gaming and tourism for the rest of the year and the start of 2026.

Las Vegas Business Press

Keep your powder dry. That’s the midyear ominous message or warning to Southern Nevada businesses from UNLV Economist Stephen Miller over concerns that show the school’s Center for Business and Economic Research Leading Index for Nevada has fallen 0.9 percent month over month and is down for the year.

USA Today

May was the fifth consecutive month Las Vegas has seen a year-over-year decline in tourism traffic, with visitor volume down 6.5%, per the Las Vegas Convention and Visitors Authority.

Daily Mail

Millionaires have been flocking to Las Vegas at unprecedented rates and buying up lavish properties, a new study has revealed. From 2019 to 2023, the number of millionaires moving to the Sin City metropolitan area has boomed by 166 percent, according to Rent Cafe, which crunched numbers from Census Bureau data.

Las Vegas Review Journal

Pete Kelly, the used car manager at Jim Marsh Kia and Jim Marsh Chrysler Jeep in Las Vegas, hasn’t bought a used car for less than $20,000 at auction in over two years, and it’s not for lack of trying. Since the pandemic, he said, there are fewer options for used cars under $20,000 and he’s having to compete with national chains willing to accept slimmer profit margins.

Inside Climate News

A years-long effort to sell public lands has gained steam in this year’s federal budget negotiations as a proposed solution to the housing crisis, but critics say it’s just the latest attempt to render an unpopular political proposition more palatable.

KSNV-TV: News 3

As global tariffs continue to fluctuate, consumers may feel the effects in their wallets, according to Stephen Miller, an economist and research director at the University of Nevada, Las Vegas's Center for Business and Economic Research.

Las Vegas Sun

President Donald Trump’s administration has pitched its fix for the growing number of borrowers, which includes ending a COVID-19 pandemic-related pause on certain payments, restricting forgiveness qualifications and emphasizing responsibilities for schools — an expectedly drastic contrast from the previous White House’s approach.

Las Vegas Business Press

A new report from the Lied Center for Real Estate at UNLV blames under-building of new homes in Southern Nevada since the Great Recession for the housing unaffordability the region faces.

APM Research Lab

Since 2020, Nevada’s unemployment rate has been significantly higher than the national average, even as tourism has recovered