It isn't as easy as you might think to quantify with precision how many businesses are out of business in Las Vegas. We can see the empty store fronts, of course. But how bad is it, really?
Well, the experts at the Las Vegas Business Press are working on that for an upcoming story.
In the meanwhile, get a load of this graph which would indicate that 1,353 private "establishments" have bit the dust in Clark County since Q1 '09. That's pretty steep and would show me that any recovery in Las Vegas will require special nurturing to sustain.
Clark County Establishments
|Quarter||Number of |
|Change in |
Source: Nevada Department of Employment, Training and Rehabilitation and Applied Analysis
Note: change in number of establishments takes into account new, dissolved and suspended business entities