Business Indicators

A strong U.S. economy, though showing signs of slower growth, seems to be moving toward what seems to be a sustainable path. Gross Domestic Product (GDP), a measure of overall spending, increased at 7.73 percent for the third quarter of 2000 over the same period a year ago. The early estimate of the third quarter GDP growth rate adjusted for price increases came in at 2.7 … [Read more...] about December 2000: Business Indicators

The longest economic expansion on record continues to set records, bringing prosperity to the U.S. and the Silver State. The U.S. and Nevada economies continue to grow at strong rates. Unemployment rates remain favorable, 4.1 percent nationally and 3.9 percent in Nevada. Inflation, though recently pushed upward by higher oil prices, remains at 3.5 percent as measured by the … [Read more...] about November 2000: Business Indicators

The Federal Reserve has worked through word and action during the first half of 2000 to push the full range of interest rates upward, thereby attempting to trim the rate of growth and hopefully reduce the risk of future economic difficulty. Treasury bill rates under the tight rein of the Fed are up over year-ago levels, but the market-determined rates have not moved … [Read more...] about October 2000: Business Indicators

Having some key indicators post double-digit growth, for example, gross gaming revenue, has been welcome news for Nevada's gaming and tourism economy. August numbers reveal a strong 11.28 percent increase measured year-overyear for the state. The Las Vegas Metro Area, Clark County, having increased room capacity about 10 percent, recorded a strong increase of 13.92 percent. … [Read more...] about December 1999: Business Indicators