By: Bloomberg Finance L.P. and Wells Fargo Economics Bloomberg Finance and Wells Fargo Economists have updated their Weekly Economic Indicator Forecasts. The most significant changes in expectations came from: Retail Sales (MoM) turning negative from 0.7% to -0.2% Monthly Budget Statement Forecast declining by more than half from -$174B to -$65B CPI (YoY) slightly decreasing from 3.7% to 3.2%, still above the Fed's 2% target READ THE ORIGINAL ARTICLE

CBER Outlook Event Nov. 7 Will Peer Into Future of Las Vegas Economy, Urban Development CBER’s Fall Outlook, scheduled for Nov. 7, will delve into ways the urban landscape and economic conditions have changed over the past five years for Southern Nevada’s cities and Clark County. Researchers will also present forecasts on the U.S. and Southern Nevada economies,  unemployment, and the leisure and hospitality industry. Since the pandemic, the Las Vegas metropolitan area has experienced growth in the number of new small businesses created; changes in the working habits of the traditional 9-to-5 workforce; and challenges with transportation, public safety, and the unhoused. Las Vegas is ranked first in North America for the number of unique visitors returning to downtown, according to the Downtown Recovery Project at the University of Toronto, which is run by keynote speaker Karen Chapple, PhD.  Outlook will bring together national and local experts to discuss best practices for addressing economic issues and what’s ahead for Southern Nevada. Event Details The event will be held from 7:45 to 10:30 a.m. on Tuesday, Nov. 7 at the Strip View Pavilion inside the Thomas & Mack Center at UNLV. [...]