Reno MSA Industry Indices-August 2020

To answer the demand for economic trends in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Business Activity, Construction, and Housing Affordability indexes for the Reno Sparks MSA. 

Reno MSA Business Activity Index-August 2020 Provides historical and current trends for business activity in the Reno MSA region.

Reno MSA Construction Index-August 2020 Provides historical and current trends for the construction industry in the Reno MSA region.

Reno MSA Housing Affordability Index-2Q 2020 Provides historical and current trends for single-family housing affordability in the Reno MSA region.

For the full Industry Trends report, including methodology, historical trends, and graphs, please click here.

Reno MSA Leading and Coincident Indices-August 2020

To answer the demand for economic trends and outlook in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Reno MSA leading and coincident economic indexes covering the regional economy.

By August 2020, most industries in the region have re-opened, though some with restrictions.  This has resulted in a recovery in many local economic variables and a relatively “V-shaped” local recovery.  As businesses reopen, employment and spending are increasing,  and unemployment levels declining.  Much of the recovery has been driven by the industry diversification, as the region’s employment shifted from a leisure and hospitality to manufacturing and logistics focus.  The region continues to attract new companies and expand existing businesses, helping to shield it from recessionary impacts plaguing other parts of Nevada and the US.

The recovery, however, will continue to be impacted by the pandemic and its medical resolution.  Further shutdowns can quickly turn the “V” into a “W” or a “Charlie Brown” (chevron shape).  This will be tracked by our indices as time passes and more data becomes available.

Reno MSA Leading Economic Index-August 2020
Provides an economic outlook for the region by signaling future movements in the Reno MSA economy over a six to twelve month period.

Reno MSA Coincident Economic Index-August 2020
Provides historical and current trends for the Reno MSA economy.

For the full Economic Outlook report, including methodology, historical trends, and graphs, please click here.

Reno MSA Industry Indices-July 2020

To answer the demand for economic trends in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Business Activity, Construction, and Housing Affordability indexes for the Reno Sparks MSA. 

Reno MSA Business Activity Index-July 2020 Provides historical and current trends for business activity in the Reno MSA region.

Reno MSA Construction Index-June 2020 Provides historical and current trends for the construction industry in the Reno MSA region.

Reno MSA Housing Affordability Index-2Q 2020 *UPDATED* Provides historical and current trends for single-family housing affordability in the Reno MSA region.

For the full Industry Trends report, including methodology, historical trends, and graphs, please click here.

Reno MSA Leading and Coincident Indices-July 2020

To answer the demand for economic trends and outlook in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Reno MSA leading and coincident economic indexes covering the regional economy.

As time passes and more data becomes available, the response of the leading and coincident indices to the COVID-19 pandemic has been interesting.  There are two major points of note about the indices.

1. Recessions are typically caused by an imbalance in economic factors.  The recession caused by the pandemic was not caused by economic factors, but rather by medical factors, with economic variables acting in response to the pandemic, rather than causing the recession.  However, the leading nature of the index remains, with the economic impacts caused by the pandemic occurring immediately, but delay in employment impacts lagging whether due to public policy or business decision reasons.

2. With the partial reopening of the economy, we are seeing a very fragile “V-shaped” local recovery, as of now.  As businesses reopen, employment, spending, and unemployment claims are increasing, as are national variables, such as the stock market activity and money supply.  The recovery will continue to be impacted by the pandemic and its medical resolution.  Further shutdowns can quickly turn the “V” into a “W” or a “Charlie Brown” (chevron shape) as will be shown in our indices as time passes and more data becomes available.

Reno MSA Leading Economic Index-July 2020
Provides an economic outlook for the region by signaling future movements in the Reno MSA economy over a six to twelve month period.

Reno MSA Coincident Economic Index-July 2020
Provides historical and current trends for the Reno MSA economy.

For the full Economic Outlook report, including methodology, historical trends, and graphs, please click here.

Reno MSA Industry Indices-June 2020

To answer the demand for economic trends in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Business Activity, Construction, and Housing Affordability indexes for the Reno Sparks MSA. 

Reno MSA Business Activity Index-June 2020 Provides historical and current trends for business activity in the Reno MSA region.

Reno MSA Construction Index-June 2020 Provides historical and current trends for the construction industry in the Reno MSA region.

Reno MSA Housing Affordability Index-1Q 2020 Provides historical and current trends for single-family housing affordability in the Reno MSA region.

For the full Industry Trends report, including methodology, historical trends, and graphs, please click here.

Reno MSA Leading and Coincident Indices-June 2020

To answer the demand for economic trends and outlook in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Reno MSA leading and coincident economic indexes covering the regional economy.

As time passes and more data becomes available, the response of the leading and coincident indices to the COVID-19 pandemic has been interesting.  There are two major points of note about the indices.

1. Recessions are typically caused by an imbalance in economic factors.  The recession caused by the pandemic was not caused by economic factors, but rather by medical factors, with economic variables acting in response to the pandemic, rather than causing the recession.  However, the leading nature of the index remains, with the economic impacts caused by the pandemic occurring immediately, but delay in employment impacts lagging whether due to public policy or business decision reasons.

2. With the partial reopening of the economy, we are seeing a very fragile “V-shaped” local recovery, as of now.  As businesses reopen, employment, spending, and unemployment claims are increasing, as are national variables, such as the stock market activity and money supply.  The recovery will continue to be impacted by the pandemic and its medical resolution.  With the shut-down of certain food and beverage businesses in July, we are expecting some decline in taxable sales and increase in unemployment rates.  Further shutdowns can quickly turn the “V” into a “W” or a “Charlie Brown” (chevron shape) as will be shown in our indices as time passes and more data becomes available.

Reno MSA Leading Economic Index-June 2020
Provides an economic outlook for the region by signaling future movements in the Reno MSA economy over a six to twelve month period.

Reno MSA Coincident Economic Index-June 2020
Provides historical and current trends for the Reno MSA economy.

For the full Economic Outlook report, including methodology, historical trends, and graphs, please click here.

Reno MSA Industry Indices-May 2020

To answer the demand for economic trends in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Business Activity, Construction, and Housing Affordability indexes for the Reno Sparks MSA. 

Reno MSA Business Activity Index-May 2020 Provides historical and current trends for business activity in the Reno MSA region.

Reno MSA Construction Index-May 2020 Provides historical and current trends for the construction industry in the Reno MSA region.

Reno MSA Housing Affordability Index-1Q 2020 Provides historical and current trends for single-family housing affordability in the Reno MSA region.

For the full Industry Trends report, including methodology, historical trends, and graphs, please click here.

Reno MSA Leading and Coincident Indices-May 2020

To answer the demand for economic trends and outlook in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Reno MSA leading and coincident economic indexes covering the regional economy.

Reno MSA Leading Economic Index-May 2020
Provides an economic outlook for the region by signaling future movements in the Reno MSA economy over a six to twelve month period.

Reno MSA Coincident Economic Index-May 2020
Provides historical and current trends for the Reno MSA economy.

For the full Economic Outlook report, including methodology, historical trends, and graphs, please click here.

Reno MSA Industry Indices-April 2020

To answer the demand for economic trends in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Business Activity, Construction, and Housing Affordability indexes for the Reno Sparks MSA. 

Reno MSA Business Activity Index-April 2020 Provides historical and current trends for business activity in the Reno MSA region.

Reno MSA Construction Index-April 2020 Provides historical and current trends for the construction industry in the Reno MSA region.

Reno MSA Housing Affordability Index-1Q 2020 Provides historical and current trends for single-family housing affordability in the Reno MSA region.

For the full Industry Trends report, including methodology, historical trends, and graphs, please click here.

COVID has Reno Seeing Red: Reno MSA Leading and Coincident Indices-April 2020

To answer the demand for economic trends and outlook in Northern Nevada, Ekay Economic Consultants and the Center for Regional Studies created Reno MSA leading and coincident economic indexes covering the regional economy.

Reno MSA Leading Economic Index-April 2020
Provides an economic outlook for the region by signaling future movements in the Reno MSA economy over a six to twelve month period.

Reno MSA Coincident Economic Index-April 2020
Provides historical and current trends for the Reno MSA economy.

For the full Economic Outlook report, including methodology, historical trends, and graphs, please click here.