For more information, visit: May 19, 2015 › ... › 2015-lasvegas-perspective.pdf ·...

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May 19, 2015 For more information, visit: www.appliedanalysis.com

Transcript of For more information, visit: May 19, 2015 › ... › 2015-lasvegas-perspective.pdf ·...

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May 19, 2015For more information, visit:

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+2.0%POPULATION GROWTH

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POPULATION

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+4.2%PRIVATE EMPLOYMENT

AVERAGE WEEKLY HOURS+2.1%AVERAGE WEEKLY WAGES

-0.9%

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$2.47US GASOLINE PRICES APR ’15

+3.9%NV EMPLOYMENT GROWTH

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EMPLOYMENT

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#47PRIMARY CARE

PHYSICIAN RANKING

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571,429MEDICAID ELIGIBLE

RECIPIENTS

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MEDICAID RECIPIENTS

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41.1MLAS VEGAS VISITOR VOLUME

-0.1%CLARK COUNTY GROSS GAMING

REVENUE ANNUAL GROWTH

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$6.4 BLV STRIP

TOTAL REVENUE

$4.9 BEXCLUDING BACCARAT

-33.7%BACCARAT REVENUE

Y-O-Y GROWTH

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GROSS GAMING REVENUE

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43.0 M 42,832DAILY AUTO TRAFFIC

AIRPORT PASSENGERS

NV/CA Border

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VISITOR VOLUME

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ELECTRICDAISYCARNIVAL

ROCKINRIO

LIFEISBEAUTIFUL

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$24B$16B

LAS VEGAS STRIP REVENUE (2014)

LAS VEGAS STRIP LONG-TERM DEBT

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$11.1BMAJOR INVESTMENTS

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23.6%OFFICE MARKET VACANCY RATE

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OFFICE MARKET VACANCY RATE

(-1.5 POINTS)

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4.3MINDUSTRIAL MARKET NET

ABSORPTION (PAST 12 MONTHS)

7SPACES WITH MORE

THAN 50,000 SF VACANT

0SPACES WITH MORE

THAN 100,000 SF VACANT

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INDUSTRIAL MARKET VACANCY RATE

(-1.0 POINTS)

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$581.8 MNON-STORE TAXABLE

RETAIL SALES

44.0% ANNUAL GROWTH

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RETAIL MARKET VACANCY RATE

(-0.7 POINTS)

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+9.2%TAXABLE RETAIL SALES

ANNUAL GROWTH

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TAXABLE RETAIL SALES

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APARTMENT MARKET

93.9% OCCUPANCY

RATE

$816 RENTS

OCCUPIED HOUSING UNITS

55.8%OWNER OCCUPIED

44.2%RENTER OCCUPIED

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APARTMENT MARKET OCCUPANCY RATE

(+0.2 POINTS)

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3.67%30-YEAR CONVENTIONAL

MORTGAGE RATE

INTEREST RATE INCREASE

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30-YEAR CONVENTIONAL

MORTGAGE RATE

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$2.2BPOTENTIAL FUNDING FOR

K-12 IN 2015-2017 BUDGET

#50STATE EDUCATION RANKING

(2014 KIDS COUNT REPORT)

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$250M+INCREASED BUSINESS TAXES

SB252AB464SB378

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