Nevada Business in Banking & Finance

Economist predicts more unemployment, credit problems
Unemployment will continue to climb and more credit problems are likely to arise for the remainder of the year, but some improvement in Southern Nevada's economy is seen for 2010, a local economist said today. Housing units permitted are expected to decline 55.8 percent, Clark County total employment is forecast to drop 5 percent and both gross gaming revenue and personal income are forecast to drop 2.5 percent, said Keith Schwer, director of the Center for Business and Economic Research at University of Nevada, Las Vegas.
[ source ] http://www.lvrj.com : June 23, 2009 |  Comments: (0)

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