Center for Business and Economic Research News
Current Business and Economic Research News
A collection of news stories from February highlighting the people and research of UNLV.
UNLV Center for Business & Economic Research 2019 Economic Update will include analysis and forecast of local, regional, and national economies; RTC leader will highlight recent transportation innovations.
Event will offer a first look at CBER’s in-depth analysis of the local, regional, and national economies, and a forecast of what to expect for the rest of 2018.
UNLV is ideally placed to assist — and provide — leaders to deal with the challenges of the major urban center that is Las Vegas.
A collection of recent news stories highlighting the people and programs of UNLV.
Media coverage from 2015 highlighting research partnerships between UNLV and industry that support regional economic development.
Business and Economic Research In The News
There has been only 12 closings for Monterey County homes costing $1.5 million and more as of March 18--typically, that number would have been closer to 30, says real estate broker Andrew Oldham of Compass, who's based in Carmel-by-the-Sea. But now he's seeing extensions, cancellations, and mortgages that are taking longer to process. Some sellers are pulling their properties off the market or even dropping prices. Few new listings are appearing.
Just about everyone has been affected by the coronavirus pandemic—and the crisis, according to most experts, is only beginning to play out in many parts of the U.S. America now has the most confirmed COVID-19 cases in the world. And beyond the devastating human toll, an economic one is looming. The unemployment numbers are staggering, and the economy appears to be headed for a recession, if it's not already in one.
It’s hard to imagine a place that stands to lose more during the coronavirus outbreak than Las Vegas. Its economy is built on big gatherings: casinos and concerts, conferences and clubs. According to the Nevada Resort Association, a quarter of all Nevada workers are in the hospitality industry.
Stephen M. Miller, director of the Center for Business and Economic Research at the University of Nevada, Las Vegas, gives insight into how the COVID-19 pandemic impacts American economies.
On the low end, Penn National Gaming is burning through $6.4 million daily having just 5.2 months before running out of cash, the report said.
On the low end, Penn National Gaming is burning through $6.4 million daily having just 5.2 months before running out of cash, the report said.
