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Where is Las Vegas on the business cycle? Six experts weigh in

January 12, 2018 | Las Vegas Sun | Thomas Moore

Positive economic news continues through early 2018, furthering a trend from last year’s strong stock market and employment numbers. Locally, hotels are adding convention space and remodeling rooms, the Fontainebleau and Alon deals generated buzz on the Strip and construction cranes are rising at the Resorts World site. Southern Nevada recovered from the worst of the Great Recession, outpacing national economic growth in the past couple of years. How long that run can last, though, remains a question for debate among experts. According to the National Bureau of Economic Research, this recovery, at nine years, is the third-longest in U.S. history. Expansions have lasted on average only a little under five years since 1945. The Las Vegas Sun asked a number of business experts recently for their opinion of Las Vegas’ economy.

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