In The News: Department of Economics
A years-long effort to sell public lands has gained steam in this year’s federal budget negotiations as a proposed solution to the housing crisis, but critics say it’s just the latest attempt to render an unpopular political proposition more palatable.
As global tariffs continue to fluctuate, consumers may feel the effects in their wallets, according to Stephen Miller, an economist and research director at the University of Nevada, Las Vegas's Center for Business and Economic Research.
President Donald Trump’s administration has pitched its fix for the growing number of borrowers, which includes ending a COVID-19 pandemic-related pause on certain payments, restricting forgiveness qualifications and emphasizing responsibilities for schools — an expectedly drastic contrast from the previous White House’s approach.
A new report from the Lied Center for Real Estate at 51³Ô¹ÏºÚÁÏ blames under-building of new homes in Southern Nevada since the Great Recession for the housing unaffordability the region faces.
Since 2020, Nevada’s unemployment rate has been significantly higher than the national average, even as tourism has recovered
The year 2024 served as a victory lap of sorts in the Las Vegas tourism industry’s recovery from the pandemic. Emboldened by its first-time status as the host of the Super Bowl, Las Vegas set a high mark in visitor spending for the third consecutive year, pulling in $55.1 billion from a visitor count that fell just 800,000 people shy of the 42.5 million who came here in 2019.
Southern Nevada's economy depends on tourism, but rising tariffs could squeeze the industry that fuels our region. Now, a local economic expert warns the biggest impact could fall on the workers and families who call Southern Nevada home.
After a rollercoaster day on Wall Street - tonight President Trump is doubling down and threatening even bigger tariffs on imports from China if the country does not revoke its retaliatory tariffs on American products sold there against the U.S and with the cost of consumer goods on the verge of several price hikes, shoppers all over the U.S. may soon have to dig deeper into their wallets.
Stock markets in the U.S. and around the world have taken deep plunges in response to the White House tariffs announced last week. Nicholas Irwin, an associate professor with 51³Ô¹ÏºÚÁÏ's Department of Economics, joined us to break down everything and what it means moving forward.
Moving is stressful, but so is living on-site during a remodel. If you’re ready to upgrade your living space but hesitant about today’s sky-high home prices and mortgage rates, you’re likely stuck with a big decision: Should you buy a new place or improve the one you have?
Wednesday marks President Donald Trump's so-called "Liberation Day," when reciprocal tariffs will take effect for imported goods. Dr. Stephen Miller, research director for the Center for Business and Economic Research at 51³Ô¹ÏºÚÁÏ, joined us to talk more about how tariffs could affect people living in Las Vegas.
Las Vegas may be the sports and entertainment capital of the world. Still, experts and entrepreneurs believe a diverse economy is essential for the region’s future.