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UNLV Center for Business and Economic Research marked its 50th anniversary and shared forecasts for Nevada, national economies during 2025 Economic Outlook event.
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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.
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Nevada job seekers face challenges re-entering the workforce in 2024.
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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.

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.

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

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.
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.
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