Source: UNLV Center for Business and Economic Research The United States is experiencing continued growth with largely positive economic signals from several key indicators. The second estimate of real gross domestic product (GDP) for 2026Q1 continues to expand at a moderate pace, with annualized and year-over-year growth rates of 1.6 and 2.6 percent, respectively, slightly … [Read more...] about Business Indicators
U.S. Census Bureau
Luxury DemandOpulent Homes Selling in Nevada
Recently, a home in MacDonald Highlands in Henderson sold for $5.35 million. While significantly higher than the median sale price, it’s representative of a typical transaction these days, according to real estate brokers and developers in Nevada. What was unusual about this particular deal was that the 80-year-old retiree in Florida who purchased the home conducted the … [Read more...] about Luxury Demand
Nevada Infrastructure: Keeping Up with a Growing State
According to the U.S. Census Bureau, Nevada’s 1.95 percent population growth rate from July 2015 to July 2016 made it the second fastest-growing state in the country, slightly behind Utah’s 2.03 percent. With the state’s official population nearing the three million mark, how is infrastructure keeping up with growth? The Orange Cone Zone Some of the funding for Nevada’s road … [Read more...] about Nevada Infrastructure: Keeping Up with a Growing State
Heart of Our Cities: A Look at Nevada Downtowns
Downtown is the heart of a city. Traditional wisdom states that a healthy center reflects a healthy community. For a city to thrive and prosper, downtown needs to be a draw for visitors and residents alike. Economically, a robust, vital midtown attracts businesses, which in turn employ residents and pumps money into the economy. A healthy downtown creates sustainability, as … [Read more...] about Heart of Our Cities: A Look at Nevada Downtowns