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Full-Text Articles in Political Science

Mountain Monitor-3rd Quarter 2010, Jonathan Rothwell, Kenan Fikri Dec 2010

Mountain Monitor-3rd Quarter 2010, Jonathan Rothwell, Kenan Fikri

Mountain Monitor

One year after the Mountain Monitor began tracking recession and recovery in the Intermountain West, the Southern Nevada economy has yet to turn around. The rate of slippage across a range of indicators has slowed measurably, but evidence of a nascent recovery eludes. Las Vegas' poor relative performance over the past year can be attributed not only to the legacy of a particularly devastating initial wave of economic distress, but also to a continued struggle to slow and reverse the downward trend.


Mountain Monitor-2nd Quarter 2010, Jonathan Rothwell, Kenan Fikri Sep 2010

Mountain Monitor-2nd Quarter 2010, Jonathan Rothwell, Kenan Fikri

Mountain Monitor

The Intermountain West exemplifies the peculiarities of the Great Recession and its subsequently fragile and protracted recovery. Where pre-recession growth in employment and housing prices was fastest, employment losses and housing price declines have been the most severe—in Las Vegas, Phoenix, and Boise most starkly. The profundity of the recession and sluggishness of the recovery have ensured that no metro in the region escaped unscathed, however, and in the second quarter even the best performers fell on some indicators. Perhaps most significantly for the region, housing prices are unlikely to keep falling much further. An analysis by Howard Wial ...