The Vegas Numbers

Time  article  serves up absolutely gruesome stats for Vegas:  construction in October down 92% year-over-year; unemployment up from 0.4% to 8.0% (I’ve never seen a jump that big).  In a society caught between needing to save for the long term and needing to pull the ox out of the ditch more immediately, there’s at least a silver lining for long-term thinkers.  Although visitor traffic is down only 3%, revenue is down a staggering 24.3%, which would seem to mean that people actually do have significant self control–even in Sin City.


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