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Economic snapshot shows Nevada continues to recover

Nevada’s economy continued its recovery from the Great Recession as the state’s gross domestic product grew 2.4 percent in 2016.

That was the fourth straight year that Nevada saw positive GDP growth, and the sixth positive year out of the past seven, according to U.S. Bureau of Economic Analysis data.

Still, Nevada’s GDP is far below the rate the state recorded in the years immediately before the recession, which officially lasted from December 2007 to June 2009.

Personal income growth in Nevada has followed the same pattern and was particularly strong in 2016, when the state led the nation. (Wes Rand/Las Vegas Review-Journal)

(Wes Rand/Las Vegas Review-Journal)

(Wes Rand/Las Vegas Review-Journal)

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