The COVID-19 pandemic devastated Nevada’s economy.
Pandemic-related shutdowns in March 2020 put hundreds of thousands of Nevadans out of work overnight, and the state’s leading industries lost millions of dollars in revenue. Even when businesses started to reopen a few months later, high COVID-19 caseloads forced many businesses to scale back or close, as health and safety mandates remained in place.
Many parts of the state’s economy have continued to suffer, even as federal stimulus packages brought billions of dollars in relief to the state. Nevada’s unemployment rate remains high and tourism numbers still lag behind the record pre-pandemic totals.
Parts of the state economy are, however, showing signs of recovery. Gaming revenue has surged to new highs, Nevadans are spending more than they did before the pandemic and the housing market is seeing high demand.
As the state’s economy continues its recovery, The Nevada Independent will track the most important economic indicators across the state on this page, including unemployment numbers, gaming revenue and housing prices. This page will be regularly updated throughout the year.
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