Everyone is suffering from sticker shock at the gas pump and grocery store and everywhere else in between.
Rachel and Anthony Ducksworth are married with five children. They both work in the home health care arena. Anthony Ducksworth described their financial situation as “getting by.”
Restrepo points to the multiple rounds of federal stimulus money as a major contributor to Nevada’s faster-than-expected recovery.
Los Angeles Times, “Las Vegas is betting on the gamblers and tourists returning. Will lost jobs come back?”
Early revenue projections show tourists are starting to return. “But how much they spend is another question,” Restrepo said. “The economy here is so dependent on tourism. So how the
“We have one of the most vulnerable economies in the country” because of a lack of diversity, Restrepo said.
Nevada’s lack of industry diversification will likely hinder its jobs recovery, as it did after the Great Recession, Restrepo said.
John Restrepo, principal at RCG Economics, said there are a number of factors — such as the prevalence of part-time work in and among casino and food service jobs that
Restrepo’s data showed the retail vacancy rate at 10.4 percent in the third quarter of 2017 and speculative office vacancy at 19.5 percent in the same period. Both rates roughly
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