In The News: Department of Economics
Inflation was top of mind for economists and housing experts on Wednesday, as they shared their predictions for the future of the national and Southern Nevada economy at an event hosted by the 51ԹϺ Center for Business and Economic Research (CBER).
Las Vegas visitor volume has steadily increased since the pandemic lows of early 2020, but economic researchers from 51ԹϺ predict tourist activity will dip next year.
Mary Daly, president and CEO of the Federal Reserve Bank of San Francisco, described the national economy as a mix of positives and negatives, pointing to a robust job market and strong household and business balance sheets that are coexisting with rising costs of food, housing and gas.
Economists at 51ԹϺ predict Nevada’s economy will remain in recovery mode for the remainder of the year, “but the picture is less clear for 2023,” says the biannual Outlook report released Wednesday by the school’s Center for Business and Economic Research.
It’s no secret what’s on the minds of millions of Americans right now: inflation.
It’s no secret what’s on the minds of millions of Americans right now: inflation.
The decision on whether or not the Oakland Athletics will find their new home in Las Vegas is expected soon. That means yet another new sporting venue on the Strip could be on the pitch. We talk with 51ԹϺ assistant professor of economics Dr. William Robinson to weigh the pros and the cons of the MLB team’s possible move and if our city should even want it.
Special guest Stephen M. Miller talks about how inflation can impact your savings.
According to AAA, today’s average regular gas price in Nevada is $4.96 cents compared to this time a year ago when we were at about $3.19 cents a gallon.
Last month, during the run-up to the Super Bowl, chicken wings became a topic of consternation for a lot of people. What used to be an inexpensive and beloved snack item has become a nearly premium product. Rising chicken wing prices have become the focus in conversations, and the pain continues.
Last month, during the run-up to the Super Bowl, chicken wings became a topic of consternation for a lot of people. What used to be an inexpensive and beloved snack item has become a nearly premium product. Rising chicken wing prices have become the focus in conversations, and the pain continues.
The conflict in Ukraine continues to change on a minute-by-minute basis, and journalists who are seeking context into the myriad political, historical, social, and economic issues that have arisen as a result of the Russian invasion can turn to the following 51ԹϺ experts for insight.