{"id":1762925,"date":"2022-12-05T06:06:15","date_gmt":"2022-12-05T11:06:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1762925"},"modified":"2022-12-05T07:33:24","modified_gmt":"2022-12-05T12:33:24","slug":"las-vegas-seeing-fewer-tourists-as-inflation-takes-its-toll","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/las-vegas-seeing-fewer-tourists-as-inflation-takes-its-toll\/","title":{"rendered":"Las Vegas Seeing Fewer Tourists as Inflation Takes Its Toll"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Flas-vegas-seeing-fewer-tourists-as-inflation-takes-its-toll%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1762925&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Nuveen CIO Saira Malik discusses Nuveen&#8217;s 2023 Playbook, if a recession is inevitable, and provides tips and an outlook on stocks, on &#8216;Barron&#8217;s Roundtable.&#8217;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Inflation is <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-las-vegas\" target=\"_blank\" rel=\"noopener\">taking its toll on Sin City<\/a> as fewer tourists are visiting the gambling Mecca, and those who do spend less than usual, according to a new report.<\/p>\n<p>The University of Las Vegas business school released a report forecasting the city&#8217;s economic outlook between 2022 and 2024 and noted that its economy turned grim in June of this year, according to Fox 5.\u00a0<\/p>\n<p>&#8220;Interest rates have gone up. And we know that we know that prices are going up as well. And that\u2019s what the Fed is trying to get their hands around and solve. So it may be that the Fed\u2019s policies is having an effect not only nationally, but it\u2019s also affecting our economy locally,&#8221; one of the study&#8217;s authors, Professor Stephen Miller, told the outlet.<\/p>\n<p>Miller&#8217;s findings indicate that Las Vegas has had fewer and fewer visitors since this summer when adjusted for holiday travel surges.<\/p>\n<p><a href=\"https:\/\/foxbusiness.com\/economy\/economic-index-flashes-major-recession-warning-sign\" target=\"_blank\" rel=\"noopener\"><strong><u>ECONOMIC INDEX FLASHES MAJOR RECESSION WARNING SIGN<\/u><\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2021\/11\/931\/523\/iStock-9545008501.jpg?ve=1&#038;tl=1\" alt=\"Las Vegas skyline\" \/><\/div>\n<div class=\"caption\">\n<p><span>A stock photo of the world famous Las Vegas city skyline.<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/09\/931\/523\/Inflation-in-America-2.png?ve=1&#038;tl=1\" alt=\"inflation statistic\" \/><\/div>\n<div class=\"caption\">\n<p><span>Inflation increased by 8.3% since August 2017.<\/span><span> (U.S. Bureau of Labor Statistics \/ Fox News)<\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/inflation-fight-could-last-until-2024-fed-official-warns\" target=\"_blank\" rel=\"noopener\"><strong><u>INFLATION FIGHT COULD LAST UNTIL 2024, FED OFFICIAL WARNS<\/u><\/strong><\/a><\/p>\n<p>While the rise of inflation has cooled somewhat since late summer, the issue remains top-of-mind for most Americans.<\/p>\n<p>The Federal Reserve has adjusted interest rates in an attempt to bring down inflation, but some members have <a href=\"https:\/\/www.foxbusiness.com\/politics\/new-top-fed-official-has-been-critic-biden-agenda-just-stop-seriously\" target=\"_blank\" rel=\"noopener\">criticized President Biden&#8217;s efforts<\/a> to address the issue.<\/p>\n<p>Austan Goolsbee, the new president of the Federal Reserve Bank of Chicago, criticized Biden&#8217;s calls to limit the price of gas, arguing a windfall tax on oil companies would<a href=\"https:\/\/www.foxbusiness.com\/politics\/new-top-fed-official-has-been-critic-biden-agenda-just-stop-seriously\" target=\"_blank\" rel=\"noopener\"> only exacerbate the problem.<\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2021\/02\/931\/523\/JOE-BIDEN-2.jpg?ve=1&#038;tl=1\" alt=\"Joe Biden\" \/><\/div>\n<div class=\"caption\">\n<p><span>President Joe Biden speaks about the Paycheck Protection Program during an event in the South Court Auditorium on the White House campus, Monday, Feb. 22, 2021, in Washington. (AP Photo\/Evan Vucci)<\/span><span> (AP Photo\/Evan Vucci \/ AP Newsroom)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Biden, though, has been a vocal supporter of a windfall tax on oil companies, which he has blamed for higher gas prices in the wake of the Ukraine war. He has also asked Congress to <a href=\"https:\/\/www.foxbusiness.com\/economy\/biden-floats-gas-tax-holiday-analysis-shows-could-worsen-inflation\" target=\"_blank\" rel=\"noopener\"><u>suspend the federal gas tax<\/u><\/a>.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>CLICK HERE TO GET THE FOX BUSINESS APP<\/u><\/strong><\/a><\/p>\n<p>&#8220;They \u2014 they have the opportunity to do that \u2014 lowering prices for consumers at the pump,&#8221; Biden remarked during a speech on Oct. 31. &#8220;You know, if they don\u2019t, they\u2019re going to pay a higher tax on their excess profits and face other restrictions.&#8221;\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nuveen CIO Saira Malik discusses Nuveen&#8217;s 2023 Playbook, if a recession is inevitable, and provides tips and an outlook on stocks, on &#8216;Barron&#8217;s Roundtable.&#8217; Inflation is taking<\/p>\n","protected":false},"author":1,"featured_media":1762928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[],"class_list":["post-1762925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1762925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1762925"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1762925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1762928"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1762925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1762925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1762925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}