Restrepo Consulting Group (RCG) released a report the other day outlining the job creation (or preservation) of roadway stimulus dollars that Nevada will receive. To date, I have not seen a lot of actual job creation. It is more in lines of job preservation. But, right now, Nevada can use job preservation. Here are some highlights from the release:
- An estimated $216.5 million of total output (construction and non-construction spending) activity will potentially be generated in the Clark County economy during the Projects’ construction periods.
- The Projects’ construction is projected to support around 1,700 - FTE jobs in Las Vegas - construction and non construction industry jobs in Clark County.
- The Projects are estimated to produce a prospective $102.5 million in direct, indirect and induced wages/labor income during the Projects’ life.
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