Whenever a breathless headline about Nevada’s U-3 or “headline” unemployment rate breaks, the RCG Economics team takes a deep breath and digs a little deeper. The U-3 jobless rate is the one most commonly reported by the news media. It represents the total unemployed persons as a percent of the civilian labor force. In Nevada […]
Most Las Vegas MSA metrics are positive or at least neutral this month, with just two exceptions including the commercial mortgage rate.
Every Reno-Sparks trend is green this month, continuing a many-month string of positive metrics.
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All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and Hightower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of Hightower Advisors, LLC, or any of its affiliates.