Sunday, June 19, 2016

State economy slowed at year-end but should gain strength

Nevada’s economy slowed in the fourth quarter of 2015, according to a federal report issued this week, the second consecutive quarter of declining growth. The state’s real gross domestic product grew by 0.1 percent in the last three months of the year compared to the previous quarter, ranking Nevada 39th among the states, according to the Bureau of Economic Analysis. And the latest monthly measures of Nevada’s economic activity compiled by the University of Nevada, Las Vegas Center for Business and Economic Research, released Friday, also showed slower growth.
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