| Las Vegas welcomed just over 3.1 million visitors in February, up 3.1% from last year, according to the Las Vegas Convention and Visitors Authority. The year-to-date visitor count is at more than 6.2 million, a 1.2% increase over the same period last year. Convention attendance increased 15.8% for the month. The LVCVA recently released its 2007 Visitor Profile Study, which noted that 81% of last year's visitors were repeat visitors to Las Vegas. The average number of nights stayed was 3.5, and 84% of visitors gambled while in town. The average trip gambling budget was nearly $556. 54% of last year's visitors traveled here via ground transportation and 46% traveled by air. |
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|  | | Nearly 3.6 million passengers came through McCarran International Airport in February, a 3.4% increase over last year. According to the Clark County Department of Aviation, more than 7.1 million passengers have been processed through McCarran so far this year. |
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|  | | | The Nevada Gaming Control Board reported a state gaming win of nearly $1.015 billion in February. Gaming taxes collected by the state on casino revenues reached more than $53 million, up about 3% from last year. Clark County gaming revenues reached $866 million for the month. |
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|  | | | Nearly 5,400 new movers came to Clark County in March, according to the Nevada Department of Motor Vehicles. The year-to-date count is now at more than 16,300. As a result of our continued influx of newcomers, 97% of our estimated 2 million Southern Nevada residents were not born here, according to the 2008 Las Vegas Perspective. The retiree population increased 5.2% in the past year to more than 300,000. Hispanics and Latinos now represent 26% of Clark County's population and 40% of the School District's total enrollment. The report also mentioned that the median household income for the area now stands at $53,704, with 69% of households owning their home. 
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|  | |  | | Nevada's seasonally adjusted unemployment rate held steady at 5.5% in February. According to the Nevada Department of Employment, Training and Rehabilitation, the Las Vegas area experienced an unadjusted unemployment rate of 5.4% for the month, down from 5.7% in January. Current statistics show the national rate at 4.8% and California's rate at 5.9% (January), both seasonally adjusted. The Nevada Film Office reported $103.3 million in revenue from film production in 2007, marking the eighth consecutive year the state has exceeded $100 million in film-production revenue. Revenue from feature films increased from $14.3 million in 2006 to $25 million in 2007. Television was responsible for more than half of the revenue, including series, reality programs and specials. |
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|  | | The latest numbers from SalesTraq show 867 new home closings for February, bringing the year-to-date total to 1,709. The median price of a new home was $283,315, more than $10,000 higher than January. There were 901 existing home closings in February, for a total of 1,874 for the year. The median price of a resale home was $250,000, also $10,000 higher than last month. Total listings on the MLS continued to decline in February to 22,837, the lowest level in twelve months. According to Robert Charles Lesser & Co., an independent real estate advisory firm, Las Vegas is home to three of the top ten best-selling master-planned communities in the country. Last year Mountain's Edge, a 3,500-acre development in the southwestern part of the valley, sold 1,740 new homes, enough for a number one ranking. Providence, located in the Lone Mountain area, came in at number five with 726 homes sold. Summerlin ranked number eight with 583 net units sold. |
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|  | | | According to the Nevada Department of Taxation, the state's taxable sales reached $3.52 billion in January, with collections from sales and use taxes at $264 million. Sales in Clark County totaled $2.67 billion for the month. Clark County posted increases in rental and leasing services, telecommunications, health and personal care stores, and eating and drinking places. |
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