Economic Commentary

(October 23, 2019) The Southern Nevada Business Confidence Index, constructed by the Center for Business and Economic Research (CBER) at the University of Nevada, Las Vegas (UNLV), rebounded, up by 4.2 percent from 120.7 in the third quarter to 125.7 in the fourth quarter of 2019. Although the index, which remained at a relative high level, gained quarter-over-quarter, its large year-over-year loss continued with ongoing trade tensions between the U.S. and China and an anticipated global economic slowdown. The index, in our view, will not revisit its historically high level from last year in the near future as the economic data signal a slowdown.

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2019 Archive

2018 Archive