Nevada’s Economy: Headwinds to U.S. Economic Growth may be Increasing & Nevada Economic Update
In early 2011, the U.S. economy finally began to show a decent rate of employment growth, with a gain of nearly 480,000 nonfarm jobs in the first quarter. As the economy nears its second year of recoery and expansion, however, the headwinds to economic growth seem to be increasing.
Oil prices have risen substantially in the past year, and U.S. fincal policy is set to become less expansionary. Perhaps surprisingly, financial problems have become much less of an obstacle to growth. Monetary policy remains quite accommodative to economic expansion but is moslty ineffective.
Read the entire report: Download Nevada Economy March 2011