Las Vegas faces a critical survival battle as tourism from Canada and Mexico declines sharply. The city’s fragile economy is strained amid an escalating U.S. economic crisis and mounting political tensions, threatening its future stability.
Browsing: US economy
The Las Vegas visitor count, often a key economic barometer, is showing a notable decline. Experts warn this dip could signal broader troubles ahead for the U.S. economy, raising concerns among investors and policymakers.
US tourism faces uncertainty amid Trump’s policies on immigration and travel restrictions. Industry leaders warn these measures could deter visitors, threatening a vital economic sector. The Week explores the potential impact.
Las Vegas tourism is experiencing a downturn, with analysts pointing to the impact of Trump’s tariffs and immigration crackdown. Industry insiders say these policies have dampened visitor numbers and spending in the entertainment capital.
A Las Vegas Sun report warns that former President Trump’s smear campaign against the Federal Reserve risks undermining its independence, potentially destabilizing U.S. economic policy and market confidence.
As international visitors shun the US, Las Vegas workers miss out on Trump’s “no tax on tips” policy benefits. Without foreign tourists, tipped earnings—and tax relief—remain limited, affecting local livelihoods.
Former President Trump has been ordered by a US federal trade court to rescind all tariffs within 10 days after a legal challenge blocked their enforcement. The ruling marks a significant setback in his trade policies.
Treasury Secretary Janet Yellen expressed optimism about the U.S. economy during a visit to a Las Vegas union hall, highlighting steady job growth and resilient consumer spending amid ongoing challenges.
Las Vegas faces an 11% plunge in tourism this year, highlighting a sharp downturn for the US travel industry. The decline signals growing economic challenges as the city struggles to recover from pandemic impacts.
The US tourism industry, valued at $2.36 trillion, faces uncertainty amid escalating tariff disputes linked to former President Trump. Experts warn of a potential slump as trade tensions threaten international travel and spending.
Las Vegas reported one of the highest jobless rates in the US once again, highlighting ongoing economic challenges. The unemployment surge raises concerns about the city’s recovery and workforce stability.
Las Vegas unemployment rate rises above the national average as business confidence sharply declines, signaling economic challenges ahead. Local experts urge swift action to stabilize the job market and restore growth.
President Trump threatens a 200% tariff on imported drugs amid AstraZeneca’s announcement of a $50 billion investment in the US, signaling heightened trade tensions in the pharmaceutical sector.
Las Vegas shows strong consumer spending in entertainment amid rising rates, signaling confidence in the economy. This supports the Federal Reserve’s “soft landing” narrative, suggesting inflation can be tamed without a recession.
Despite low unemployment in the US, many workers face financial strain from stagnant wages and rising inflation. Experts warn that job availability alone cannot mask the growing cost-of-living challenges.
Moody’s has downgraded the U.S. government’s credit rating, removing its top-tier status. The move highlights growing concerns over fiscal policy and debt management, signaling increased borrowing costs ahead.