In The News: Center for Business and Economic Research

Travel and Tour World

And now, as the city struggles to cope with one of its lowest points in recent history, Las Vegas hotels are being crushed by falling occupancy and revenue. The financial crisis, which has created uncertainty and chaos in the economy, has taken a heavy toll on the tourism industry. This decline is being compounded by the disappearance of overseas guests, who are hesitant to travel because of fears surrounding the global economic picture. The result? Las Vegas—formerly a bustling hub for tourists—has seen its hotels dive into performance woes, with occupancy and revenue dropping to unprecendented levels. The net result is that in Las Vegas, just as in other key U.S. tourism markets, these crises such a destruction that not only Las Vegas but handful of the major U.S. tourism-driven properties are seeing, demonstrating how deeply these crises cut.

Travel Weekly

Las Vegas hotels are posting some of the steepest year-over-year performance declines among major U.S. markets this summer as international visitor weakness and economic uncertainty take a toll.

KTNV-TV: ABC 13

A newly released report is showing inflation is on the rise, making prices higher across the board. The U.S. Bureau of Labor Statistics Consumer Price Index report for June 2025 shows inflation is at 2.7%. That's how much more all items cost this year compared to last year.

Nevada Independent

Declining fertility rates could spell trouble for state budgets as tax revenue declines in the long term.

CDC Gaming

An economist at the University of Nevada Las Vegas expressed concern about Las Vegas gaming and tourism for the rest of the year and the start of 2026.

Las Vegas Business Press

Keep your powder dry. That’s the midyear ominous message or warning to Southern Nevada businesses from UNLV Economist Stephen Miller over concerns that show the school’s Center for Business and Economic Research Leading Index for Nevada has fallen 0.9 percent month over month and is down for the year.

Las Vegas Review Journal

With a 5.5 percent unemployment rate, Nevada still trails every other U.S. state. In Clark County, the rate is lower, at 4.9 percent, according to 2023 Census estimates. For ages 20 to 24 in Las Vegas, the unemployment rate is 8.2 percent. For ages 25-29, it’s 6.6 percent. Meanwhile, Nevada’s unemployment rate for educated residents has steadily declined in recent years, and the state’s hiring rate, 3.9 percent, beats most other states, suggesting a strong labor market.

Las Vegas Review Journal

Health care is poised to lead job growth in Clark County, according to the latest annual report from the UNLV’s The Center for Business and Economic Research.

Daily Mail

Millionaires have been flocking to Las Vegas at unprecedented rates and buying up lavish properties, a new study has revealed. From 2019 to 2023, the number of millionaires moving to the Sin City metropolitan area has boomed by 166 percent, according to Rent Cafe, which crunched numbers from Census Bureau data.

KTNV-TV: ABC 13

The Federal Reserve voted June 18 to keep interest rates at its current of 4.25% to 4.5% range. Since then, Federal Reserve Chairman Jerome Powell has explained their decision making and what leads into a decision like this.

KNPR News

Clark County’s population is expected to hit 3 million by 2045, according to new projections from the UNLV Center for Business and Economic Research.

KTNV-TV: ABC 13

Three million. That's the projection of Clark County's population by 2045, according to the Center for Business and Economic Research (CBER). This projection is mainly attributed to historical trends affected by the population growth seen pots-pandemic, according to CBER.