$39 per month* Implosion of Faraday Future’s plans to build electric vehicles in North Las Vegas was a setback for the sector’s growth in southern Nevada. This feature is limited to our corporate solutions. Nevada has a large population of military personnel who served in Vietnam, 1.58 times greater than any other conflict. Industrial needs will change as trade related issues, from intellectual-property protection to increasing tariffs, alter the way goods flow around the world — including the goods that are made in Nevada and distributed from the state’s warehouses. One possibility, he says, is that visitor numbers have been depressed by the lack of hotel room inventory. In the first nine months of 2019, GOED assisted 141 companies that are creating more than 14,500 jobs paying an average of $24.61 an hour. This is expected to increase 37.1% to $113B by 2045. There are several key elements to Nevada’s economy that experts are tracking for 2020. Instead, Aguero expects Southern Nevada’s current economic momentum, for better and for ill, to continue into 2020. Government, too, plays a role, Sisolak says. Census data is tagged to a residential address, not a work address. Employment, Hours, and Earnings from the CES survey (State and Area), Create Customized Maps -- Unemployment Rates. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Big Mac index - global prices for a Big Mac 2020, Profit from additional features with an Employee Account. The talks are important both for their actual results — the tariffs and trade rules that effect business costs and competition — as well as the disruption that takes place before deals are reached, Miller says. Profile of General Demographic Characteristics, Census 2000, Weather: Hurricanes: The Greatest Storms on Earth, This List of Favorite Islands will Make You Remember Why You Loved Poptropica So Much, Public transportation (including taxicab), Management, professional, and related occupations, Farming, fishing, and forestry occupations, Construction, extraction, and maintenance occupations, Production, transportation, and material moving occupations, Agriculture, forestry, fishing and hunting, and mining, Transportation and warehousing, and utilities, Finance, insurance, real estate, and rental and leasing, Professional, scientific, management, administrative, and waste management services, Arts, entertainment, recreation, accommodation and food services, Other services (except public administration), Self-employed workers in own not incorporated business. Business leaders agree. (p) Preliminary, Data extracted on: Economic Data - Las Vegas/Clark County. Still, the economist says the southern Nevada educational system isn’t yet producing enough graduates with the skills to fill all of the technology jobs that are being created. “We don’t go into recessions just because we have run out of time,” says Aguero. information you provide is encrypted and transmitted securely. Most people in Nevada commute by Drove Alone, and the average commute time is 23.9 minutes. Wage by Race and Ethnicity in Common Jobs, Highest Average Salaries by Race & Ethnicity. 3.05% speak Tagalog (Incl. In Northern Nevada, multi-family developments are meeting much of the need for new housing, Bonnenfant says, because developers struggle to build affordably priced single-family homes in the face of high costs for land, labor and materials. Learn more about the world with our collection of regional and country maps. The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years. In 2018, the median age of all people in Nevada was 38.2. Gross domestic product (GDP) refers to the market value of all final goods and services produced within a country in a given period. In 2017, the percentage of US citizens in Nevada was 89.9%, meaning that the rate of citizenship has been increasing. For all the challenges faced by the healthcare sector, the growing and aging population sets the stage for rapid growth. Federal government websites often end in .gov or .mil. Check our encyclopedia for a gloss on thousands of topics from biographies to the table of elements. In 2017, universities in Nevada awarded 26,360 degrees. Population estimates, July 1, 2019, (V2019), Population estimates base, April 1, 2010, (V2019), Population, percent change - April 1, 2010 (estimates base) to July 1, 2019, (V2019), American Indian and Alaska Native alone, percent, Native Hawaiian and Other Pacific Islander alone, percent, White alone, not Hispanic or Latino, percent, Owner-occupied housing unit rate, 2014-2018, Median value of owner-occupied housing units, 2014-2018, Median selected monthly owner costs -with a mortgage, 2014-2018, Median selected monthly owner costs -without a mortgage, 2014-2018, Living in same house 1 year ago, percent of persons age 1 year+, 2014-2018, Language other than English spoken at home, percent of persons age 5 years+, 2014-2018, Households with a computer, percent, 2014-2018, Households with a broadband Internet subscription, percent, 2014-2018, High school graduate or higher, percent of persons age 25 years+, 2014-2018, Bachelor's degree or higher, percent of persons age 25 years+, 2014-2018, With a disability, under age 65 years, percent, 2014-2018, Persons without health insurance, under age 65 years, percent, In civilian labor force, total, percent of population age 16 years+, 2014-2018, In civilian labor force, female, percent of population age 16 years+, 2014-2018, Total accommodation and food services sales, 2012 ($1,000), Total health care and social assistance receipts/revenue, 2012 ($1,000), Total manufacturers shipments, 2012 ($1,000), Total merchant wholesaler sales, 2012 ($1,000), Mean travel time to work (minutes), workers age 16 years+, 2014-2018, Median household income (in 2018 dollars), 2014-2018, Per capita income in past 12 months (in 2018 dollars), 2014-2018, Total employment, percent change, 2017-2018, Longitudinal Employer-Household Dynamics (LEHD).