Looking at traditional indicators to get a sense of how Nevada’s economy is faring is a bit like betting on roulette.
Betting on black — or in this case finding a positive metric? You may or may not come out on top because the state’s economy is filled with mixed signals.
Good news: The state has seen 32 consecutive months of more than $1 billion in statewide gaming revenue. Bad news: Nevada has the highest unemployment rate in the nation — and has for months. Good news: Record tax collections have furnished the largest budget in state history. Bad news: Nevada ranks near-bottom nationally for average wages and wage growth.