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Center for Business and Economic Research News

Current Business and Economic Research News

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Business and Community |

UNLV Center for Business and Economic Research marked its 50th anniversary and shared forecasts for Nevada, national economies during 2025 Economic Outlook event. 
 

Fall colors 2025
Campus News |

Some of the biggest news headlines featuring UNLV faculty and students.

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Research |

As Las Vegas evolved from a desert outpost into a global hub, UNLV’s Center for Business and Economic Research has offered insights into the region’s growth.

First day of classes.
Campus News |

The top news stories starring university students and staff.

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Research |

Nevada job seekers face challenges re-entering the workforce in 2024. 

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Campus News |

The top headlines featuring UNLV’s staff and students.

Business and Economic Research In The News

Travel and Tour World

As 2025 comes to a close, Las Vegas is looking towards a potential resurgence in its tourism sector in the upcoming year. The Center for Business and Economic Research at the University of Nevada, Las Vegas (UNLV) has released a study suggesting that the slump in visitor numbers currently affecting the city may end in 2026. However, experts agree that the future of tourism in Las Vegas is dependent on a variety of broader economic factors.

KSNV-TV: News 3

As 2025 draws to a close, Las Vegas is looking ahead to a potentially brighter year for its hospitality industry, which supports more than one in four jobs in the state. The Center for Business and Economic Research at UNLV has released a study suggesting that the current slump in visitor numbers could end in 2026.

Las Vegas Review Journal

Despite Las Vegas’ ongoing tourism slump, Southern Nevada gained thousands of jobs in September as consumer spending also picked up speed, state data shows.

Travel and Tour World

UNLV’s 2025 Economic Outlook, presented in Las Vegas on November 13, indicates that Nevada’s tourism sector will experience slower growth over the next few years, following a period of rapid post-pandemic recovery. Visitor volume to Nevada is expected to stabilize at around 50 to 51 million annually, with a slight decline forecasted for 2026 and 2027. Despite global economic uncertainty, inflation, and shifting domestic travel patterns, the state’s tourism sector is forecast to remain resilient due to Nevada’s strong global brand and the continued influx of major events.

KLAS-TV: 8 News Now

One job sector is outpacing inflation in Clark County – and it might not be the industry you expect. Hospitality is often seen as the heart of the Las Vegas job market. But as tourism declines, one industry is quietly becoming the valley’s fastest-growing – and highest paying despite national trends.

Travel Weekly

A new economic study projects visitation to Las Vegas will bounce back in 2026. But the city's top tourism officials are taking nothing for granted as they grapple with the effects of 2025's lull and adjust prices to try to lure back tourists in the new year.

Business and Economic Research Experts

An accomplished economist, professor, and administrator in the fields of business and economic research.
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Recent Business and Economic Research Accomplishments

Megan R. Griffard (Educational Psychology, Leadership, and Higher Education), Brian Labus (Epidemiology and Biostatistics), and Andrew Woods (Center for Business and Economic Research) composed an expert panel for a special collaborative episode of Vegas PBS's Nevada Week and KNPR's State of Nevada that looked back at the COVID-19…
Stephen Miller (Economics; Center for Business and Economic Research) had his paper, "Does Debt  Management Matter for  REIT Returns?", with co-authors Zhilan Feng, Clarkson University, and Dogan Tirtiroglu, Ryerson University appear as the lead article in the Journal of Real Estate Finance and Economics, January 2025. Asset and debt…
Stephen M. Miller (Business; Center for Business and Economic Research) and Giorgio Canarella, formerly UNLV, along with Mahdi Ghaemi Asl and Mohammad Ghasemi Doudkanlou published an academic paper, "On the speed of adjustment (SOA) toward the target financial leverage ratios and its determinants: Evidence from the capital structure of the…
Stephen M. Miller (Economics and Center for Business and Economic Research) and Yevgeniy Teryoshin (Economics) had a paper published by Economics Letters titled "Income Inequality and Monetary Policy Regimes.” This paper reconsiders the possible effects of monetary policy on income inequality to determine whether monetary policy can indirectly…
Stephen M. Miller (Economics; Center for Business and Economic Research) presented the outlook for the Southern Nevada economy to the Las Vegas Asian Chamber of Commerce on Thursday, Oct. 26 at the Gold Coast Hotel and Casino. The presentation was followed by a Q&A.
Stephen M. Miller (Economics; Center for Business and Economic Research) published “Estimating U.S. housing price network connectedness: Evidence from dynamic Elastic Net, Lasso, and ridge vector autoregressive models" in the International Review of Economics and Finance with David Gabauer, Academy of Data Science in Finance, Vienna, Austria and…