UNLV’s Center for Business and Economic Research reports that local business leaders’ confidence fell in the fourth quarter to its lowest level since the Great Recession.
Tourism Slump Cost Vegas Nearly 5K Jobs in Late ’25
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UNLV’s Center for Business and Economic Research reports that local business leaders’ confidence fell in the fourth quarter to its lowest level since the Great Recession.
A new poll from UNLV’s Center for Business and Economic Research shows local executives are less confident than at any point since the late-2000s recession.
Southern Nevada business leaders’ confidence fell in the fourth quarter to its lowest level since the Great Recession, driven by weak tourism and economic uncertainty, according to UNLV’s Center for Business and Economic Research.
UNLV’s Center for Business and Economic Research projects that Las Vegas will host approximately 39.1 million visitors in 2025, a decline of about 6% from 41.6 million visitors in 2024, signaling continued pressure on the region’s tourism-driven economy.
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Despite ongoing water challenges, officials say Las Vegas is expected to continue growing. Projections from the Southern Nevada Water Authority account for adding between 987,000 and 1.82 million residents to Clark County by 2075, based on estimates from UNLV’s Center for Business and Economic Research.
Southern Nevada business leaders’ confidence fell this quarter to its lowest level since the Great Recession, according to UNLV’s Center for Business and Economic Research, reflecting ongoing economic uncertainty amid a tourism slowdown and broader business challenges.
Nevada’s unemployment rate continues to outpace most states, reflecting ongoing economic uncertainty and shifts in key industries. UNLV economist Andrew Woods notes that the state may be operating “on a knife’s edge,” raising questions about whether current conditions represent a new economic normal or an early sign of broader job losses ahead.
Southern Nevada business leaders’ confidence fell this quarter to its lowest level since the Great Recession, driven by weak tourism and economic uncertainty, according to UNLV’s Center for Business and Economic Research. CBER recently projected a “slowing path” for Nevada’s economy.
Clark County is projected to add 42,000 residents next year and reach 3.23 million by 2060, according to UNLV Center of Business Economic Research. UNLV’s Doctor of Public Policy program prepares leaders to address the challenges of Nevada’s growth.
Tourism and convention slowdowns are cutting into tip-based jobs across Southern Nevada, according to KPBS and new insights from UNLV’s Center for Business and Economic Research. CBER notes that the pullback has pushed unemployment higher and slowed hiring in leisure and hospitality.