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Whether or not Las Vegas secures a new baseball team and ballpark, new research shows the valley’s sports renaissance has already attracted millions of dollars, hundreds of thousands of spectators, and an increased need for transportation and other infrastructure improvements.

Southern Nevada will have to diversify its economy — particularly in the health care and manufacturing sectors — if it’s going to overcome labor shortages and support a rapidly growing population, according to data presented at the Spring Economic Outlook by ���ӽ紫ý’s Center for Business and Economic Research (CBER).

Economists at ���ӽ紫ý are loosening predictions of a recession in the next 12 months, while nationally many are expecting at least a mild recession beginning later this year — a sign that shows the uncertainty swirling around how the economy will perform.

In a market relying so heavily on the growth of sports, this initiative envisions itself as the center of sports sciences, business and innovation in Las Vegas. The ���ӽ紫ý Sports Innovation Initiative (SII), which calls itself, “The Hub of Innovation in the Global Sports Capital,” took time at a UFC-owned venue Wednesday to hammer home its mission.

The parent companies of regional banks in Nevada tried to assuage client concerns after trading in their shares was temporarily halted several times on Monday as panic spread among investors after the collapse of two big banks.

Parent companies of regional banks in Nevada sought to quell customer concerns after their stocks were temporarily halted from trading several times Monday, as panic spread among investors following the fall of two large banks.

Total employment in Nevada rose to more than 1.5 million jobs in January, while the unemployment rate stayed the same at 5.5 percent, numbers that suggest a tight job market, according to the Nevada employment office.

Total employment in Nevada rose to more than 1.5 million jobs in January, while the unemployment rate stayed the same at 5.5 percent — figures that suggest a tight labor market, according to Nevada’s employment office.