April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country. And then, all of sudden, it wasn’t. After state and local governments mandated business closures — with resulting job losses — to battle the COVID-19 pandemic, multifamily investors, developers and managers stepped back … [Read more...] about Uncertain Times
Center for Business and Economic Research
The Ups and Downs: Nevada’s Economic Forecast
Experts are bullish on Nevada’s overall economy this year, anticipating continued recovery from the recession and growth, they said. Four key markers support their outlook: Wages: The average private weekly wage for Nevada workers peaked in October at $758.86, representing a 2.3 percent year-over-year increase, according to Applied Analysis, a Las Vegas-based economic fiscal … [Read more...] about The Ups and Downs: Nevada’s Economic Forecast
The Private Bank by Nevada State Bank Reports Substantial Rebound of Earnings for Nevada’s High-Income Households
LAS VEGAS – The Private Bank by Nevada State Bank released the 26th edition of its High Net Worth Report series. The Fall 2016 edition examines the recent fall and rise of incomes among Nevada’s high-earning households and includes insights by guest columnist Stephen M. Miller, director of the Center for Business and Economic Research (CBER) at University of Nevada, Las … [Read more...] about The Private Bank by Nevada State Bank Reports Substantial Rebound of Earnings for Nevada’s High-Income Households
2013 Economic Forecast: Watch for the Wild Card
As the end of 2012 nears, Nevada’s economy continues its gradual recovery, but the unemployment rate remains in the double digits and job creation is slow. What’s in store for the Silver State’s economy in 2013? Experts weighed in on their predictions for the coming year, which primarily are based on the performance of certain indicators this year. However, they said none of … [Read more...] about 2013 Economic Forecast: Watch for the Wild Card