Las Vegas was shedding jobs toward the end of 2025 amid a prolonged tourism slump in America’s casino capital, a new report shows. Overall, Southern Nevada business leaders’ confidence fell in the fourth quarter of last year to the lowest level since the Great Recession, amid weak tourism and economic uncertainty, according to UNLV’s Center for Business and Economic Research.

U.S. home prices inched up in October from a year earlier as markets settled into a “much slower gear,” including in Las Vegas, a new report shows. Southern Nevada home prices in October slipped 0.67 percent from a year earlier, while prices nationally rose 1.36 percent during that time, according to the S&P Cotality Case-Shiller index.

With the Consumer Electronics Show (CES) right around the corner, the hospitality industry is already gearing up for the two-day event after last summer’s economic slump.

Forecasters from the residential real estate world — Zillow, Redfin and Realtor.com — have all put out their 2026 projections and it looks like much of the same. Mortgage rates aren’t expected to drop enough next year to unlock the country’s housing market, new builds will continue to lag and prices will remain relatively elevated.

After a whirlwind 2025 for the Las Vegas economy, stabilization is expected for some industries, at least for the first six months.

Brian Bonnenfant is one of Nevada’s data experts forecasting a not-so-bright future – dependent on how and when Nevada businesses react. That being said, not all of Nevada is in a downturn. Making more resilient communities are a focus for Andrew Woods as the director of the University of Nevada, Las Vegas Center for Business and Economic Research (CBER).

A recent report from the Center for Business and Economic Research at the University of Nevada, Las Vegas, projects that the city will host 40.1 million visitors in 2026, representing a 2.4 percent increase over 2025.

Southern Nevada business leaders’ confidence fell this quarter to the lowest level since the Great Recession, according to UNLV’s Center for Business and Economic Research.

Fewer travelers are hitting the Strip, and higher costs are changing how visitors spend.

It’s a no-brainer for many: As the outer boundaries of the Las Vegas Valley blur and thousands of homes pop up where only desert used to be, the bathtub ring around Lake Mead seems to only deepen.

As Las Vegas’ economy goes, so goes Nevada’s. It’s simple mathematics because of the region’s size, accounting for 70% of the state’s population and a similar amount of its gaming and tourism business. And the math doesn’t look good.

Las Vegas is having a rough year, with "practically every conceivable indicator tracking tourism ... flashing warning signs," writes Luke Winkie at Slate. Well, except for one indicator. Casino revenues keep rising, suggesting the city is making more money from fewer people. Winkie sets out to understand what's going on by visiting the city, playing at its tables, and talking to experts and tourists alike.