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 highlights are: Construction Spending (MoM) reversing sign from -0.3% to 0.5% Unit Labor Costs (QoQ) increasing from 0.4% to 2.2% Nonfarm Payrolls decreasing by 17.% from 303K to 250K READ THE ORIGINAL ARTICLE

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 highlights are: Durable Goods Orders (MoM) increasing from 1.3% to 2.1% GDP Annualized (QoQ) decreasing from 3.4% to 2.5% Personal Income (QoQ) increasing slightly from 0.3% to 0.5% READ THE ORIGINAL ARTICLE

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 highlights are: Construction Spending (MoM) changing direction from -0.2% to 0.7% Factory Orders (MoM)changing direction from -3.6% to 1.1% Nonfarm Payrolls decreasing 25% from 275K to 220K READ THE ORIGINAL ARTICLE

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 highlights are: Durable Goods Orders (MoM) changing direction from -6.2% to 1.2% New Home Sales (SAAR) increasing by 3.8% from 661K to 686K Consumer Confidence increasing slightly from 106.7 to 108.0 READ THE ORIGINAL ARTICLE

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 highlights are: Retail Sales (MoM) changing direction from -0.8% to 0.8% Core PPI (MoM) declining from 0.5% to 0.2% Import Price Index (MoM) declining from 0.8% to 0.3% READ THE ORIGINAL ARTICLE

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 highlights are: Factory Orders (MoM) declining from 0.2% to -2.9% Nonfarm Payrolls declining 45% from 353K to 195K Avg Hourly Earnings (MoM) declining from 0.6% to 0.2% READ THE ORIGINAL ARTICLE

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 highlights are: Durable Goods Orders (MoM) declining from 0.0% to -6.3% Personal Spending (MoM) declining from 0.7% to 0.4% Construction Spending (MoM) declining from 0.9% to 0.6% READ THE ORIGINAL ARTICLE

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 highlights are: Monthly Budget Statement increasing from -$129.4B to -$21.0B Retail Sales (MoM) declining from 0.6% to 0.1% Business Inventories reversing direction from -0.1% to 0.4% READ THE ORIGINAL ARTICLE

Everything you need to know about the Super Bowl in Las Vegas By Mike Prevatt Published February 8, 2024 at 9:38 AM PST The Super Bowl has arrived. Three days from now, the San Francisco 49ers and the Kansas City Chiefs battle it out at Allegiant Stadium. And many say this will be the biggest thing to happen in Las Vegas. Just saying that can be a shock to the system when you think back to just 20 years ago, when the NFL wouldn’t allow any advertisement or even mention of Las Vegas during the game. That, of course, has all changed. Now, Las Vegas has an NFL team and the NFL partners with gambling websites. We also have a major stadium. But it's more than just a game for Las Vegas. The economic impact of hosting the game is predicted to be about a billion dollars, give or take (and depending on who you ask). The question always remains: Do the regular folks of Las Vegas benefit from that revenue infusion, or does it chiefly go to the corporations on the Strip? It's complicated, suggests consultant John Restrepo of RCG Economics. "Is it [...]

Monthly Luncheon Meeting Wednesday, February 14, 2024 12:00 Noon – 1:15 pm Registration begins at 11:45 am THIS YEAR WE ARE CHANGING UP LOCATIONS Durango Casino & Resort Convention Center 6915 S. Durango Drive Las Vegas, NV 89148 Google Maps No new office development . . . ever? How a seismic shift threatens the Las Vegas economy. Presented by Tom van Betten, Vice President of Strategic Partnerships Matter John Restrepo, Principal RCG Economics Special Giveaway for ONE SIOR BROKER You must be present to WIN a spot on the Mile Markers Trip Bring your Business Card for the drawing Sponsored by RSVP by Thursday, February 8, 2024 by Reply to this Message For additional information, call Alternative Management 702-798-5156 or email siorsn@amnevada.com Meeting Attendance Policies No Charge for Active Members in good standing No Charge for current chapter sponsors, based on sponsorship level No Charge for Member Associates in good standing Meeting Charge for Non-Members invited by an Active Member is $50 Meeting Charge for Non-Members invited by a Sponsor is $100 Non-Members can attend a SIOR Luncheon one time Mark your calendars for 2024 March 20, 2024 - 3rd [...]