Despite growing fast, Nevada’s birth rates are falling. There could be consequences.
Expected migration to Southern Nevada will largely offset the consequences of declines in natural population growth, said Stephen Miller, an economics professor at UNLV and research director for the Center for Business and Economic Research.
Miller points to a population forecast predicting Clark County’s population to surpass 3 million people by 2060. However, how the state collects tax revenue is still a problem, he said.
“Even though we’re growing fast and revenues are increasing, the revenue structure isn’t keeping up,” Miller said. “The growth in revenues was slower than the growth in population.”