In The News: Lee Business School
Las Vegas tourism is projected to rebound in 2026 by one million visitors after a slowdown this year. In addition, a panel of experts told the city’s business leaders that sports will continue to help drive visitation to the city, along with resorts lowering prices and creating more value.

In breaking ranks to end the federal government shutdown this week, Nevada’s two Democratic senators showcased the shifting politics of the once solidly blue state, home to a diverse, working-class population that relies heavily on tourism. In the national battle for party expansion, Republicans have the edge in the Silver State.

Southern Nevada’s economy is showing signs of distress but remains steady as businesses and analysts adjust, according to the latest outlook from UNLV’s Center for Business and Economic Research, released at the group’s annual conference Thursday.

Southern Nevada is expected to add the equivalent of Henderson’s population in the next decade, and the unemployment rate, as well as growth, is expected to stabilize, according to a report from the University of Nevada, Las Vegas.

Amid an ongoing dip in gaming and visitor numbers in Las Vegas, questions have continued to swirl about our local economy.

Only one job sector’s real wage in Clark County has kept up with the rate of inflation since the end of the pandemic, leading to the region’s growing affordability gap, according to a UNLV economist. And it’s not the hospitality sector, which drives the region’s economy.
Las Vegas is experiencing increasing turbulence, not on the casino floors, but in the skies above. Harry Reid International Airport faced delays or cancellations on more than a quarter of all scheduled flights on Monday, leaving thousands of travelers stranded and tourism-dependent local businesses bracing for an economic hit.

Three quarters of the ZIP codes in Southern Nevada have seen home price declines year-over-year, according to a new study. Most of the ZIP codes (74 percent) that saw the largest per square foot median price decline in the valley included parts of the Las Vegas Strip where there aren’t a lot of single-family houses but an ample number of high-rise condominiums and apartments, according to a new study by the UNLV Lied Center for Real Estate.

Three quarters of the ZIP codes in Southern Nevada have seen home price declines year-over-year, according to a new study. Most of the ZIP codes (74 percent) that saw the largest per square foot median price decline in the valley included parts of the Las Vegas Strip where there aren’t a lot of single-family houses but an ample number of high-rise condominiums and apartments, according to a new study by the UNLV Lied Center for Real Estate.

Since the early 2000s, a fall in employment in the state of Nevada has preceded a broader U.S. recession. It makes sense why—the economic fortunes of Las Vegas, which make up a big part of the state’s overall economy, are intimately tied to consumers’ comfort with spending. Host Alex Ossola speaks with Andrew Woods, director of the Center for Business and Economic Research at the University of Nevada, Las Vegas, about what the state data shows now, and what it says about the health of the U.S. economy. This is part one of our four-part series on alternative economic indicators.
Las Vegas is bracing for another hit to its already struggling tourism industry. The city’s main airport is one of the 40 airports the Federal Aviation Administration directed to cancel up to 10% of its flights to relieve pressure on unpaid air traffic controllers due to the ongoing government shutdown.
The major ransomware attack against Nevada discovered in late August has been underway since May, The Associated Press reports. Injection of a clandestine backdoor facilitated by a Nevada state employee's accidental download of a malicious system admin tool on May 14 allowed threat actors to create encrypted tunnels, conduct lateral movement, and infiltrate the state's password vault server by August, according to a post-mortem report from the state.