The case for a slowing growth rate:

Scott Anderson, a senior economist with Wells Fargo, sees continued job growth in Nevada for the next couple of years, but he cautions that the pace is slowing.

His worries:

* The combination of higher mortgage rates and sharply higher home prices is likely to slow residential construction.

* The commodity price cycle may have peaked, bringing tighter times for miners.

* Higher oil prices might hurt travel, either by air or car, to the state's tourism destinations.

* Indian gaming in northern California will remain a drag on northern Nevada's economy.

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