Posted 2/5/2024, 10:01:45 AM
Nevada's Rollercoaster Economy Leaves Locals Wary Despite Current Boom
- Economic shocks in Nevada over 20 years have undermined confidence despite a bustling economy
- Reliance on volatile casinos and tourism makes the state vulnerable to downturns
- The 2008 housing crisis hit Nevada especially hard as an epicenter of foreclosures
- The pandemic in 2020 turned Las Vegas into a ghost town, demolishing notions that gambling was recession-proof
- Locals remain wary about the future even as the economy rebounds, which could impact the 2024 presidential race
