In The News: Lee Business School
The state’s largest utility firm, NV Energy, is applying to merge its two electric subsidiaries into one entity, which could impact how the company finances projects in the future and how the company is regulated.
More than three million people will live in Nevada by 2060, and the Nevada Department of Transportation is planning for the surge of people on the roads.
The valley bracing for more people. We have now learned by 2060 a million more people are coming.
According to the latest statistics from the Nevada Department of Employment, Training and Rehabilitation (DETR), nearly 1.5 million Nevadans are now in the workforce, and those ranks are expected to continue to grow.
Casinos, hotels, and golf courses top the list.
It is expected that with funds of 160 million dollars, 4,000 houses will be built.
It is expected that with funds of 160 million dollars, 4,000 houses will be built.
By 2040 alone, the population in Clark County is expected to grow by 698,000 residents, according to CBER’s research, pushing the local population past the 3 million mark.
According to a study by ºÚÁÏÍø researchers, Southern Nevada’s population is expected to grow to an estimated 3.39 million by 2060.
Nevada carries a reputation as a one-horse state, relying mainly on the leisure and hospitality sector. For example, in 2019, accommodation and food services made up 26 percent of Nevada’s workforce. For many years, policymakers and analysts have argued that Nevada needed to diversify its economy like its neighbors Arizona and Utah. This notion has proven salient multiple times, such as during the 2008 Great Recession and the COVID-19 pandemic, when Nevada, and especially the Las Vegas metro area, became ground zero for a national economic slump.
Nevada carries a reputation as a one-horse state, relying mainly on the leisure and hospitality sector. For example, in 2019, accommodation and food services made up 26 percent of Nevada’s workforce. For many years, policymakers and analysts have argued that Nevada needed to diversify its economy like its neighbors Arizona and Utah. This notion has proven salient multiple times, such as during the 2008 Great Recession and the COVID-19 pandemic, when Nevada, and especially the Las Vegas metro area, became ground zero for a national economic slump.
A new forecast from ºÚÁÏÍø’s Center for Business and Economic Research (CBER)shows substantial growth in Clark County’s population through 2060.