In The News: Center for Business and Economic Research

KSNV-TV: News 3

Prices for products and services are likely to surge because of the conflict in the Middle East, and Las Vegas drivers are already worried when it comes to gas prices. According to AAA, the national average for a gallon of gasoline was $3.25 as of Thursday. In Las Vegas, that average is $3.90.

KSNV-TV: News 3

According to January visitation numbers, about 21,000 fewer travelers arrived from Canada compared to the same month last year.

Las Vegas Review Journal

California’s population is dropping, according to the latest U.S. Census Bureau data. However, its impact on the Las Vegas Valley’s economy and population is a complicated one, according to one of UNLV’s top demographic experts.

Las Vegas Review Journal

When Las Vegas casinos closed their doors during the COVID-19 pandemic, doors opened for small businesses in Nevada. In fact, the state led the nation in post-pandemic small business growth, according to new analysis from UNLV’s Center for Business and Economic Research (CBER).

Reuters

The softening is showing up in hotel pricing, flight schedules and paychecks — echoing what the Federal Reserve's survey and recent airline earnings calls have flagged: Higher-income travelers keep booking, while households feeling the pinch pull back.

Las Vegas Weekly

It helps that Nevada is already active in all seven stages of that supply chain—from exploration and mining to manufacturing and recycling. According to a 2022 report by UNLV researchers, the state employs more than 9,000 across the entire process, including over 60% of the nation’s lithium-ion battery jobs. That number could soon surge, as the report estimates that the global battery industry will grow to $115 billion by 2030—a 422% increase from 2020.

Las Vegas Sun

In the middle of the pandemic, when it seemed like business after business in Las Vegas was closing, Upbeat Health was just getting started. Today, the Summerlin clinic’s mobile wound-care team has grown nearly tenfold, one small example of how Nevada’s entrepreneurs turned crisis into opportunity.

Realtor.com

Las Vegas could face a downturn in international tourism from Europe over rising tensions between the United States and European countries, experts say—just weeks after Sin City's housing market showed strong signs of a comeback.

KSNV-TV: News 3

The chances of another federal government shutdown rose after many Senate Democrats said they would oppose a funding bill for the Department of Homeland Security.

KSNV-TV: News 3

As some federal workers are still working to recover from the historic government shutdown near the end of 2025, another shutdown could be just days away. Economic experts say projections for Las Vegas tourism in 2026 are looking stronger than last year, but a second federal shutdown could quickly reverse that momentum and place renewed strain on thousands of Transportation Security Administration (TSA) workers in the valley.

CityNews

Whether it’s due to objections over the current political climate in the United States or a sagging Canadian dollar, Las Vegas has been feeling a blunt impact as visitors from Canada are choosing to travel elsewhere.

KSNV-TV: News 3

Las Vegas is experiencing a continued decline in visitor numbers, impacting the hospitality sector, which employs one in four workers in Southern Nevada.