Harvey Blankfeld and Cynthia Ward Discuss 2021 Economic Forecast

Nevada Business Magazine 2021 Economic Forecast - economist predict the roll - out of the Covid-19 vaccine will lift quarantine and instill consumer confidence. Recover was underway in December prior to the vaccine being released. Economic variables - gaming revenue, visitor volume, hotel occupancy rates, taxable sales and employment were back to about 50% of the February peak. John Restrepo from RCG Economics said, "We won't be seeing a full recovery until about 2024. We will continue to have a rough 2021 whereas 2022-2023 will be the rebuilding period." The hospitality industry will not be at 100% until people have the money to come here and until they feel comfortable. What does your normal look like? As we are living with this "new normal" there will be more people that are accustomed to keep wearing the mask soon after this. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/