Down But Not Out…..Good News For Las Vegas

The Southern Nevada Index of Leading Economic Indicators turned in one of it’s largest gains in 30 years in March! Big gains in travel and tourism drove the positive index readings. And the largest gain of all was in taxable sales, growing 6% on a year over year basis. Having lived in Las Vegas for nearly 30 years, I have watched the town grow from just over 400,000 population to it’s present, almost 2 million population.  What I’ve noticed is that when the rest of the country does good…Nevada does good. This may be a sign that the worst may soon be over, and Las Vegas and the State of Nevada may soon start a slow but steady recovery period. It’s time!!

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