The FDIC acknowledged the strength of Nevada’s economy last year in a publication profiling the state’s banking. Jobs grew by 6.5 percent in the fourth quarter, faster than any other state, the FDIC said. Construction produced the largest share of job growth, adding 20,000 new positions, or 28 percent of the state’s new jobs. The business services sector added 11,000 jobs. Las Vegas set a visitor record of 37.4 million and reported weekend hotel occupancy of 95 percent. What’s more, the FDIC said, Las Vegas led the nation in fourth quarter home-price growth among major metropolitan areas at 36.2 percent. MS Las Vegas Real Estate blog readers won’t find any of this news surprising. We have made every effort to keep you informed about economic conditions in Southern Nevada as we present the opportunities available in the market for Las Vegas homes.

This entry was posted by Michelle Sterling on Thursday, April 14th, 2005 at 1:53 pm and is filed under Business & The Economy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.