The “second” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2021 grew 2.1 percent at an annual rate, which was revised up by 0.1 percent from the previous estimate. The upward revision primarily reflected largerthan-expected consumer spending and private inventory investment. Overall, the disappointing growth in the third quarter largely reflected a … [Read more...] about Business Indicators
McCarran Airport
Business IndicatorsAugust 2021
The “third” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2021 grew strongly by 6.4 percent at an annual rate, remaining unchanged from the “second” estimate. According to more complete source data, an upward revision in business investment, including inventory investment was offset by a downward revision in net exports. Overall, the strong … [Read more...] about Business Indicators
Business IndicatorsMay 2020
The “third” estimate of U.S. real gross domestic product (GDP) for the fourth quarter of 2019 rose at an annual rate of 2.1 percent. U.S. nonfarm employment lost 701,000 jobs in March with a notable decline of 459,000 jobs in the leisure and hospitality sector. Since these figures are based on the first two weeks of March, they only reflected the early effects of the … [Read more...] about Business Indicators
Business IndicatorsJanuary 2020
The “second” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2019 expanded at a 2.1 percent annualized rate, revised up by 0.2 percent from the advance estimate of 1.9 percent. The upward revisions reflected less negative business investment, including inventory investment and more positive consumer spending than previously thought, which were partly … [Read more...] about Business Indicators
Business Indicators: April 2018
The “second” estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2017 rose at an annual rate of 2.5 percent, down slightly from the previous estimate of 2.6 percent. The revision reflected a smaller private inventory investment than previously reported. Consumer spending accelerated to the fastest pace in a year, and business investment, residential … [Read more...] about Business Indicators: April 2018
Yellow Checker Star Partners with Honor Flight to Send War Heroes to D.C. Memorial
On October 14, Yellow Checker Star, a leading taxicab company in Las Vegas, is partnering with Honor Flights of Southern Nevada to transport 28 war heroes from McCarran Airport to Washington D.C. to visit the historic memorials. Honor Flights is a non-profit volunteer organization created to provide World War II veterans with honor and closure by transporting them to memorials … [Read more...] about Yellow Checker Star Partners with Honor Flight to Send War Heroes to D.C. Memorial
Business Indicators: August 2016
The third estimate for U.S. real gross domestic product (GDP) for the first quarter of 2016 was revised upward to 1.1 percent annualized growth rate from the 0.8 percent second estimate. The revision occurred as more complete data showed that exports increased more than previously thought. Nevertheless, the stronger dollar, cheaper oil and a weaker global economy still … [Read more...] about Business Indicators: August 2016
My Henderson
The City of Henderson is open for business. And families. And for anyone who enjoys being in a city consistently awarded best of designations. In November of last year, for example, 24/7 Wall Street named Henderson to the list of America’s 50 Best Cities to Live in. The city is growing. Businesses are opening, financial services and corporate headquarters are calling … [Read more...] about My Henderson
Commercial Real Estate in Nevada: Then and Now
Thirty years ago, the Las Vegas Strip was a different Strip than today. Technology companies had yet to discover Nevada. Cell phones were rare. Businesses relied on PBX rooms for their telecommunications and if one part of the system failed, the others continued because everything didn’t depend on an IP framework to run all systems together. Thirty years ago, industrial … [Read more...] about Commercial Real Estate in Nevada: Then and Now
Business Indicators: December 2015
The first estimate for U.S. real gross domestic product (GDP) for the third quarter of 2015 reports a 1.5 percent annualized growth rate, a 61 percent decline from the second quarter. Despite modest growth, the Bureau of Economic Analysis stated that U.S. domestic consumption, which accounts for about two-thirds of real GDP, remained strong. More specifically, personal … [Read more...] about Business Indicators: December 2015
Business Indicators: October 2015
The “second” estimate for U.S. real gross domestic product (GDP) in the second quarter of 2015 indicates an annualized rate increase of 3.7 percent, which is a significant upward revision from the advance estimate of 2.3 percent. The Bureau of Economic Analysis stated that second-quarter increases in real GDP mostly reflected strong consumer spending. More generally, personal … [Read more...] about Business Indicators: October 2015
Business Indicators: September 2015
The preliminary estimate for U.S. real gross domestic product (GDP) in the second quarter of 2015 indicates an annualized rate increase of 2.3 percent. Recent Bureau of Economic Analysis revisions state that real GDP increased by 0.6 percent in the first quarter of 2014, higher than the negative 0.2 percent growth in the third estimate. Higher real GDP growth in the first … [Read more...] about Business Indicators: September 2015
Business Indicators: August 2015
The “third” estimate for first quarter 2015 shows U.S. real gross domestic product decreasing at an annualized rate of 0.2 percent, higher than the negative 0.7 percent growth previously reported in the “second” estimate. The revision consisted of a smaller decrease of exports and a larger increase in personal consumption expenditures. Federal government spending, changes in … [Read more...] about Business Indicators: August 2015
Business Indicators: July 2015
The “second” estimate for first quarter 2015 shows U.S. real gross domestic product decreasing at an annualized rate of 0.7 percent, lower than the 0.2 percent growth previously reported in the “advance” estimate. The revision consisted of a less increase of personal consumption expenditure and inventory investment and a larger decrease of net exports from fourth quarter 2014 … [Read more...] about Business Indicators: July 2015
Business Indicators: June 2015
The “advance” estimate for first quarter 2015 shows U.S. real gross domestic product increasing at an annualized rate of 0.2 percent. In fourth quarter 2014, real GDP increased by 2.2 percent. Personal consumption expenditures, federal government spending, changes in private inventories and residential investment made positive contributions. Non-residential fixed investment, … [Read more...] about Business Indicators: June 2015