The U.S. economy is showing signs of more life after a less-than-stellar start to the year.
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The Las Vegas Valley’s jobless rate rose to 6 percent in the month, up from 5.6 percent in February, but down from 7.2 percent in March 2015, the state Department of Employment, Training and Rehabilitation reported Tuesday.
Taxpayers in Douglas County, an angular-shaped county of under 50,000 people near Lake Tahoe, have an AGI of $73,444 compared to Clark County’s $57,318, according to 2013 tax return data, the latest year data are available. The county could be considered affluent – Glenbrook, an exclusive gated resort community of about 200 people in Douglas County, has its own ZIP code.
Today’s building boom shares echoes of the market’s frenetic pace before 2007, when the building bust hijacked the local economy and held it hostage for half a decade. But this time, analysts say activity is manageable
First-time filings for unemployment benefits averaged 12,343 claims in the 12 months prior to March, the state Department of Employment, Trainingand Rehabilitation reported Tuesday. That’s the lowest average since mid-2007.
Electric car company Faraday Future broke ground Wednesday for its planned 900-acre manufacturing site in North Las Vegas.
Spiking job growth helped push Nevada’s unemployment down in March. The state’s jobless rate came in at 5.8 percent, down from 5.9 percent in February and 6.9 percent in March 2015, the state Employment, Training and Rehabilitation Department reported Wednesday.
Employment in Nevada companies with fewer than 100 workers reached a record in the third quarter, soaring past prerecession levels, the state Department of Employment, Training and Rehabilitation reported Monday.
Top U.S. drugmaker Pfizer and Irish rival Allergan are charting independent futures after scrapping a record $160 billion deal torpedoed bynew Treasury Department rules meant to block American companies from moving their corporate addresses overseas — on paper — to avoidU.S. taxes.
U.S. hiring jumped to a nine-year high in February, a sign of robust business demand for new workers, while the numberof open positions slipped.
Orders to U.S. factories fell in February for the third time in the past four months. Meanwhile, a key category that tracks business investment plans dropped by the largest amount in two months.
The Las Vegas Valley’s jobless rate fell to 5.6 percent in the month, down from 6.5 percent in January and 7.2 percent in February 2015, the state Department of Employment, Training and Rehabilitation reported Tuesday.
Sales of tangible goods were flat in January at $3.82 billion, a 0.2 percent gain when measured against January 2015, the state Department of Taxation reported Tuesday.
A $1 billion electric car plant and a futuristic transportation test track are among developments North Las Vegas hopes willpay off and diversify its economy. There’s another, greener, economic development that officials hope will fatten the city’s wallet.
The U.S. economy grew at a slightly faster rate in the fourth quarter than previously estimated, boosted by stronger consumer spending. Consumers may be providing more lift to the economy in the current January-March period.
U.S. renters saw their monthly leases rise at a significantly slower pace in February, a sign that new construction may be starting to limit housing costs for apartment dwellers. Las Vegas is bucking all of Zillow’s trends, but that’s because the market continues to lag nationwide economic gains, an analyst said.
The state’s jobless rate dipped below 6 percent in February, breaching a barrier it hadn’t punctured since April 2008.
Starwood said Monday it has accepted a sweetened $14.41 billion bid from Marriott, just days after a Chinese insurance company appeared to steal it away from the hotel chain with an offer valued at $14.15 billion.
According to estimates from the Retail Association of Nevada, Nevadans are expected to spend a record $261.6 million on Easter this year, a 7.4 percent increase compared to $243.6 million last year.
Tesla Motors officials pulled back the curtains Friday at its Gigafactory under construction east of Reno, offering some local media a chance to see the progress of what will become one of the largest factories in the world.
Community leaders and elected officials will gather Friday in the south valley to discuss how to improve the economic climate and job market for African-Americans, according to an announcement from the lieutenant governor’s office.
Job openings jumped 4.9 percent to 5.5 million in January, the most since July, the Labor Department said. And weekly applications for unemployment aid rose 7,000 to a seasonally adjusted 265,000.
The Las Vegas Valley’s unemployment moved up to 6.5 percent, compared with 6.2 percent in December, the state Department of Employment, Training and Rehabilitation reported Tuesday.