In The News: Center for Business and Economic Research

KVVU-TV: Fox 5

Hawaii lawmakers are eyeing changes that could make a trip to Las Vegas more expensive for Islanders. The bill proposed by state senator Stanley Chang argues that Hawaii residents spend hundreds of millions of dollars in gambling in other places like Las Vegas, and in return, there鈥檚 no benefit to Hawaii.

KNPR News

There are projections of a looming national recession and yet Andrew Woods of 性视界传媒鈥檚 Center for Business and Economic Research projects that Clark County鈥檚 population is projected to grow this year by 52,000 people.

Las Vegas Review-Journal En Espa帽ol

Internet retailer TheDrop.com was founded in San Francisco in 2017, but CEO Matt Falcinelli knew from the start that when the time came to establish the streetwear company's headquarters, it couldn't be in California. The costs were too high to run a business. The company's initial revenue model was based on a percentage per transaction, and Falcinelli said he felt outside the Bay Area.

Las Vegas Review Journal

Online retailer TheDrop.com launched in San Francisco in 2017, but CEO Matt Falcinelli knew all along that when it was time to establish the streetwear company鈥檚 headquarters it couldn鈥檛 be in California. Costs were just too high to operate a business. The company鈥檚 initial revenue model was based on a percentage per transaction, and Falcinelli said it felt priced out of the Bay Area.

CDC Gaming Reports

It took Nevada and the Strip only 11 months in 2022 to break their 2021 records for all-time gaming win, and industry experts remain confident in a strong 2023, despite ongoing concerns of a recession and lingering inflation in the economy.

Casino.org

Data confirms that the gaming industry, including Las Vegas-based casino-hotels, has been resilient in the face of high inflation this year. But some economists believe soaring consumer prices are finally pinching the US gaming mecca.

Desert Companion

"You鈥檒l see guys sleeping under blankets, and they won鈥檛 move for a few hours. So, you go to check on them and you realize 鈥極h, he鈥檚 dead,鈥欌 says Santiago, his face drawn, as he sits with a small group of other men on the sidewalk outside Catholic Charities of Southern Nevada鈥檚 main campus. He鈥檚 describing what being unhoused is like in Las Vegas 鈥 a city with increasingly extreme temperatures because of climate change and a growing homeless population, exacerbated by pandemic-related evictions and a rising cost of living. This combination of factors is leading to a startling increase of deaths among the unhoused: According to reporting done by the Review-Journal, Clark County saw an 80 percent increase in heat-related fatalities among the homeless community from 2020 to 2021.

Desert Companion

"You鈥檒l see guys sleeping under blankets, and they won鈥檛 move for a few hours. So, you go to check on them and you realize 鈥極h, he鈥檚 dead,鈥欌 says Santiago, his face drawn, as he sits with a small group of other men on the sidewalk outside Catholic Charities of Southern Nevada鈥檚 main campus. He鈥檚 describing what being unhoused is like in Las Vegas 鈥 a city with increasingly extreme temperatures because of climate change and a growing homeless population, exacerbated by pandemic-related evictions and a rising cost of living. This combination of factors is leading to a startling increase of deaths among the unhoused: According to reporting done by the Review-Journal, Clark County saw an 80 percent increase in heat-related fatalities among the homeless community from 2020 to 2021.

Desert Companion

"You鈥檒l see guys sleeping under blankets, and they won鈥檛 move for a few hours. So, you go to check on them and you realize 鈥極h, he鈥檚 dead,鈥欌 says Santiago, his face drawn, as he sits with a small group of other men on the sidewalk outside Catholic Charities of Southern Nevada鈥檚 main campus. He鈥檚 describing what being unhoused is like in Las Vegas 鈥 a city with increasingly extreme temperatures because of climate change and a growing homeless population, exacerbated by pandemic-related evictions and a rising cost of living. This combination of factors is leading to a startling increase of deaths among the unhoused: According to reporting done by the Review-Journal, Clark County saw an 80 percent increase in heat-related fatalities among the homeless community from 2020 to 2021.

KVVU-TV: Fox 5

Millions of Americans have been tightening their wallets due to inflation, and Las Vegas researchers now have proof to show how it has affected tourism and visitor spending.

Las Vegas Review Journal

Nevada had one of the highest unemployment rates in the nation in October amid a tight labor market and a shifting labor landscape, but local economists say not to sound the alarm.

KSNV-TV: News 3

A new report from 性视界传媒 indicates Southern Nevada is heading for a mild economic slowdown over the next year, but there's no recession in sight just yet.