In The News: Molasky Family Department of Economics and Real Estate

Business Insider

This summer, other border states are experiencing a different kind of drought: a dearth of Canadians. Vermont to Canada border crossings were down nearly 39% in July from the year prior, per data compiled by the state. According to Statistics Canada, Canadian spending in the US plunged 7.9% in the first quarter of 2025 from the same time in the year prior. (Ironically, in the same period, Americans made more trips to Canada than the year prior, and spent 27.3% more.)

KSNV-TV: News 3

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market.

InsideHook

Mark Tremblay, an assistant professor of economics at the University of Nevada Las Vegas, saw a connection between casinos using dynamic pricing for room rates and rolling them out elsewhere in the business. “It is clear that this is a trend we will see moving forward as physical stores begin to use digital price tags more frequently,” Tremblay told the Review-Journal.

KSNV-TV: News 3

While manufactured homes can be of high quality, they tend to depreciate faster than traditionally built homes.

TheStreet.

It can be difficult for hotels and casinos off the Las Vegas Strip to survive with all the upscale competition that's just a few miles down the road. Some off-Strip resorts have managed to survive for decades, but even legacy properties are vulnerable to economic uncertainty.

Las Vegas Review Journal

The One Big Beautiful Bill Act lowers the threshold for affordable housing developers to qualify for federal, noncompetitive Low-Income Housing Tax Credits and increase the amount of competitive credits available by 12 percent. Consulting firm Novogradac predicts these changes could result in the financing of 1.22 million additional affordable rental homes by 2035.

Las Vegas Review Journal

On the first day of her first-ever trip to Las Vegas, Julie Brenner said the cost of a bottle of water caught her attention. The 29-year-old from Miami said she remembered the price because even in her hometown, paying more than $5 for water would seem high. That is why it stood out to her when the very next day, the same bottle from the same store was a different price.

Travel and Tour World

Las Vegas, known for its vibrant hotels, casinos, and entertainment, has seen a downturn in tourism, influenced by a variety of factors.

KSNV-TV: News 3

Statistics from Las Vegas Metropolitan Police revealed 4,747 reported cases overall as of August 24 in their jurisdiction. That’s a 10.5 percent rise from the 4,297 reported cases during the same time last year.

Las Vegas Business Press

The future of multifamily and workforce housing in Southern Nevada comes at a critical moment for the region where rapid growth has collided with the reality of limited land and rising demand for affordable housing.

KTNV-TV: ABC 13

The Southwest Valley has a new reason to celebrate as Costco opened its newest location, bringing hundreds of job opportunities to one of the fastest-growing areas in town.

VegasSlotsOnline.com

The number of people arriving at Harry Reid International Airport in Las Vegas from Canada was down 65.6% in June compared to the same period in 2024. 86,698 people arrived during the month across Flair Airlines, Air Canada, and WestJet, down from 132,109 the previous year.