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Economic Overview of Metropolitan Las Vegas

Hotel Rooms

The room stock in Clark County grew by 342 in 2007 and by another 7,582 rooms in 2008 for a total of 140,529 rooms. In 2009 we expect room growth to increase by 2.3 percent to 143,757 rooms and then to increase to 6.3 percent in 2010 for a total of 152,881 rooms by year end.

[View this information (less the forecasts) in a table.]

Population

According to population estimates made by Clark County Comprehensive Planning, the population in Clark County declined to 1,986,146 in 2008. This reflects population decline of .5 percent over the 2007 estimate of 1,996,542. In 2009 we expect population to decline another 0.4 percent and then grow by 1.1 percent in 2010. That will bring Clark County's population to 1,978,000 in 2009 and 1,999,000 in 2010.

[View a table of the State Demographer's historical population estimates for Clark County and the State of Nevada.]

Visitor Volume

Visitor volume dropped by 4.4 percent in 2008 to 37,481,552 -- a decrease of 1,715,209 visitors over the 2007 total of 39,196,761. In 2009 we expect visitor volume to increase at a rate of 3.7 percent to 38,868,369 visitors. In 2010 we expect the number of visitors to increase by 5.7 percent for a total visitor count of 41,083,855.

[View this information (less the forecasts) in a table.]

Gaming Revenue

Clark County gaming revenue for 2008 was $9,797.0 million. This reflected a 9.9 percent decrease over the 2007 total of $10,868.5 million. In 2009 we expect gaming revenues to decrease another 2.5 percent for a total of $9,550.0 million by year end. In 2010 we expect to see an increase of 3.0 percent for a total "gaming win" of $9,840.0 million.

[View this information (less the forecasts) in a table.]

Current and past economic data and our two-year forecast for the economies of southern Nevada and the United States are available in our midyear and annual Economic Outlook publications which are released at CBER-hosted conferences every June and December. Filled with facts, analysis, charts, and graphs, the Outlook publications are a valuable resource for those interested in the southern Nevada economy. The price is $40.00 plus $3.00 for shipping and handling. To order the current volume in this series, along with other CBER publications, click here.

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