Thursday, September 1, 2011
Report Says Las Vegas Has World's Fifth-Worst Economy
ABC WORLD NEWS--"A study released by the Brookings Institution and the London School of Economics ranked Las Vegas' economy as one of the world's five worst, due in large part to oversized bets on real estate.
The only cities that fared worse than Las Vegas at 146 in their ranking of 150 metropolitan areas were Dublin, Ireland, Dubai, United Arab Emirates, Barcelona, Spain, and Thessaloniki, Greece. The rankings weigh jobs, job growth and income, comparing recent performance to pre-recession metrics."
Date: 12/01/2010
Labels:
dubious achievements,
economy,
foreclosure
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