TITLE

UNLV economist: LV in 'recession.'

AUTHOR(S)
Smith, Hubble
PUB. DATE
July 2008
SOURCE
Las Vegas Business Press (10712186);7/7/2008, Vol. 25 Issue 27, pP13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the statement made by Keith Schwer, director of the Center for Business and Economic Research at University of Nevada in Las Vegas, at the Midyear Economic Outlook conference in June 2008 that the city is experiencing a recession. He states that high oil prices, tight credit and the continued slowdown in housing are the factors which suggest that this is so. He adds that no regional economy is recession-proof, just a different set of economic parameters from the national economy.
ACCESSION #
33133365

 

Related Articles

  • LV economy sees modest growth, nation struggles. Miller, Valerie // Las Vegas Business Press;6/30/2003, Vol. 20 Issue 26, p1 

    Reports on the annual forecast of University of Nevada economist Keith Schwer on the condition of the economy of Las Vegas for the second half of 2003. Confirmation of the modest growth of the state economy despite the recession and the 2001 terrorist attack; Effect of tax cuts and an expanded...

  • War or not, oil pressure rising. Jobman, Darrell // Futures: News, Analysis & Strategies for Futures, Options & Deri;Feb2003, Vol. 32 Issue 3, p28 

    Discusses the factors contributing to the continuing rise of oil prices in the U.S. Impact of the war efforts against Iraq on oil prices; Effects of weather on the reduction of demand for energy; Occurrence of economic recession. INSET: TECH TALK: Crude oil, past and present.

  • Hope for better tomorrow. KAPUR, VICKY // Paintindia;Nov2008, Vol. 58 Issue 11, p128 

    The author talks about the impact of economic slowdown on industrial growth in 2008. He notes that the current economic crisis denotes that globalization has a significant impact on all countries. He asserts that the decline in crude oil prices suggests a positive outlook for the economy. He...

  • SUNNY INTERVALS. Ezard, Kerry; Panariello, Antonio // Airline Business;Aug2008, Vol. 24 Issue 8, p42 

    The article offers an outlook for the global airline industry in 2008. The outlook could be described as mostly cloudy with occasional sunshine as high oil prices and the economic downturn take their toll on different regions in different ways. The 2008 "Airline Business" world airline rankings...

  • Thinking outside the box. Duperray, Martha Dreyer // Caribbean Business;5/29/2008, Vol. 36 Issue 21, p22 

    The article discusses the impact of local recession, huge increases in local utility rates and soaring energy costs to different industries in Puerto Rico. The tourism industry, accordingly, is in the survival mode and anticipates worse times due to heavy flight cutbacks and rate increases by...

  • Energy prices may still push firms over the edge.  // Food Manufacture;Feb2009, Vol. 84 Issue 2, p21 

    The article reports on the need of decreased energy prices to help manufacturing firms in the economic downturn in Great Britain. It states that electricity costs were 51% higher in the fourth quarter of 2008 compared with the same period of 2007 and gas prices were up by 21%. It says that...

  • Deepwater: A robust market in a climate of uncertainty. Robertson, Steve; Payne, Thom // Offshore;May2009, Vol. 69 Issue 5, p32 

    The article presents a macroeconomic outlook for energy demand and global oil supply. The outlook suggest that it is probably to surpass and renew pressure on oil prices expected over the long term. The recession may impact deepwater projects because of their relative complexity and associated...

  • Likely date for next offshore block auction.  // Energy Caribbean;2009, Issue 43, p9 

    The article reports on the plan of the Petroleum Corp. of Jamaica (PCJ) to offer its 19 open blocks early in the second quarter of 2010. It notes the blocks offered including blocks 2, 3 and 4 off the north coast of Jamaica and blocks 15, 16 and 18 to 31 off the southeast and south coasts. It...

  • It's Time for a Change.  // Caribbean Business;5/12/2005, Vol. 33 Issue 18, p22 

    The article focuses on increasing fuel prices. Worldwide demand for oil continues to grow at historic rates, with China and India, two of the countries with the largest populations in the world, consuming as much fuel as they possibly can to keep their economies growing. For every $10 a barrel...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics