CBER’s Southern Nevada Coincident Index represents the current state of the Southern Nevada economy using two series that measure Las Vegas Metropolitan Statistical Area employment. CBER’s Southern Nevada Leading Index uses local, regional, and national variables to predict movement in the coincident index four to six months in advance.
Employment on Nonfarm Payrolls
This chart shows the total number of people with jobs in Nevada and Clark County.
Leisure and Hospitality Employment
This chart shows the total number of people currently employed in the leisure and hospitality industry.
The unemployment rate reflects the total labor force and the number of active job seekers. To be considered unemployed, a person must be actively seeking employment including documented job interviews.
Home Price Index
The Home Price Index is reported by the S&P Case-Shiller Index. This index is considered one of the better measures of housing prices because it uses prices from repeat sales, which more accurately captures quality than a more commonly used measure, such as median home prices.
LV Housing Opportunity Index
The Housing Opportunity Index shows the affordability of housing related to income in each of these regions. This shows the number of households that can afford a median priced home.