LAS VEGAS (KLAS) — After a whirlwind 2025 for the Las Vegas economy, stabilization is expected for some industries, at least for the first six months.
According to the Director of the Center for Business and Economic Research at the University of Nevada, Las Vegas, Andrew Woods, a healthy stream of conventions, sporting events and entertainment could stabilize the hospitality industry and small businesses through the Spring of 2026.
“For leisure and hospitality workers, which account for 1-in-4 jobs here in Clark County, we’re expecting things to stabilize,” Woods said. “I think where we’re kind of cautiously watching things right now is the summer months. If we’re going to have another slump and what does that mean when it comes to the American consumer and their spending habits. As well as the American worker and how well they’re doing with affordability concerns.”
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Woods says the healthcare industry saw growth during 2025, according to Woods. He said about 40% of all job growth in Southern Nevada came from healthcare alone…