Southern Nevada Business Confidence Index

(Third Quarter 2019) U.S. real gross domestic product (GDP) for the first quarter of 2019 grew by 3.1 percent at an annualized rate. Although the growth rate marked its fastest first quarter gain since 2015, the overall real GDP growth hinged largely on temporary factors such as higher private business inventories and reduced imports. Consumer spending, which captures about two thirds of the real GDP, however, posted a weaker gain. After an unexpectedly low job creation in May, the U.S. labor market in June rebounded strongly by adding 224,000 jobs, which produced an average of 171,000 job gains per month during the second quarter of 2019.

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2019 Archive

2018 Archive