UNLV economist: LV in 'recession.'

Smith, Hubble
July 2008
Las Vegas Business Press (10712186);7/7/2008, Vol. 25 Issue 27, pP13
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.


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