TITLE

ECONOMY

PUB. DATE
October 2008
SOURCE
Las Vegas Business Press (10712186);10/27/2008, Vol. 25 Issue 43, p19
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This section offers news briefs on issues related to the economy of Las Vegas, Nevada. It reports that the unemployment rate in the city continue to increase with 7.4 percent potential workers remain without jobs during the third quarter of the year even though employment in the whole state rose by 700 positions. According to data from SalesTraq, the median resale price in Las Vegas has declined 28.3 percent to $186,500. Meanwhile, the Federal Funds Interest Rate was lowered 50 basis points to a targeted 1.5 percent on October 8.
ACCESSION #
35377782

 

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