UNLV Economist: Slow Recovery Ahead for NV Tourism

By: AP Email
By: AP Email

RENO, Nev. (AP) - A university economist says Nevada's tourism industry appears to be starting a slow recovery from the nation's longest and deepest recession since World War II.

UNLV Center for Business and Economic Research chief Stephen Brown was addressing industry leaders at a statewide tourism conference on Tuesday in Reno.

He says economic activity in the Western U.S. is lagging behind national recovery.

Brown says that's partly because of California's weak economy.

On the bright side, Brown says corporations are sitting on sizable profits, and many have considerable room for growth as uncertainty over the economic future begins to lift.

The Nevada Governor's Conference on Tourism continues through Wednesday.

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