Keith Schwer
Keith Schwer
against airport becomes boulevard capacity effective matter move parking people permanent public pushing roads rooms sort time vegas
When you have 130,000 rooms and you're already pushing against the capacity of your roads to move people from the airport to the hotel, you need some sort of effective public transportation or it's just a matter of time before Las Vegas Boulevard becomes a permanent parking lot.
concern cost
Cost of living, it is a concern to be sure.
departure information modest recent since strong variation
Since month-to-month variation is anticipated, the most recent information suggests only a modest departure from the strong upward trend.
desires families people wishes
Families here have wishes and desires no different from people in Omaha.
decline economic expansion general line modest since trend weakness
Still, the one-month modest decline in the index is in line with the general trend of economic expansion since 9/11 (terrorist attacks) and the weakness of 2002.
coming traffic volume
The volume of traffic is not that much greater, but they're still coming and they're coming with more money.
electricity gas generation heavy impact start user
We're not a heavy user of energy. You may start to see an impact on electricity (rates) because we use gas for generation plants.
below build nevada plant power radar seeing wants
We're seeing adjustments that are below the radar like the coal(-fired power) plant Nevada Power wants to build in Ely.
against along capacity continue growth hold rate strong tourism work
Tourism and construction continue along strong growth paths, bumping up against capacity constraints. Capacity constraints work to hold the rate of expansion.
broad change clearly expansion month percentage shows sweep year
The broad sweep of expansion shows clearly in the percentage change for the same month a year ago.
low might taxes
Someone might find low taxes agreeable, but not the way tax revenues are spent, such as on education.
build changed cost generate high house point remain revenue robust spending tourism travel value
Clearly, not much has changed with the trend. It's very steady. Travel and tourism remain robust and revenue is strong. Spending is strong. Construction continues. When you've got spending like that going on ... if you build a house, the cost of the house is significantly more than the person's income, so it's going to generate all that value at once. The same with a business. The point is construction is high value.
good slowing
Things have been good for so long that some slowing is inevitable. It's not unexpected.