Reno Economic Indicators Mostly Positive

The 12-month moving average (12MMA) of the Reno-Sparks headline unemployment rate dropped to 6.1% in February, inflation-adjusted wages are now at their highest ever recorded levels, and February marked 58 consecutive months with rising retail sales on a year-over-year (YOY) basis. The Reno-Sparks MSA has now seen 12 straight months of YOY visitation growth, and Washoe County 12MMA Y-O-Y gross gaming revenue saw growth in February of 2.9% which represents the 14th consecutive month of improvement.

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