General Economic Overview Peak to Present Indicators Peak Indicator Values Present Indicator Values % Change Drivers License Surrenders May-05 86,250 Feb-14 65,415-24.2% Electric Meter Connections Feb-14 763,984 Feb-14 763,984 0.0% } Nonfarm Employment Jan-08 928,533 Jan-14 850,750-8.4% Unemployment Rate May-07 4.2% Jan-14 9.4% 5.2% UI Claims (statewide) Feb-06 129,012 Feb-14 181,316 40.5% New Home Sales Mar-06 40,315 Jan-14 6,965-82.7% Residential Units Permitted May-06 43,303 Jan-14 8,505-80.4% Existing Home Sales Mar-12 59,400 Jan-14 47,201-20.5% Commercial Permit Value (Millions) Nov-07 $2,557.1 Jan-14 $482.4-81.1% Taxable Retail Sales (Billions) Mar-07 $36.4 Dec-13 $33.5-8.0%
General Economic Overview Prior Year to Present Indicators Prior Year Indicator Values Present Indicator Values % Change Drivers License Surrenders Feb-13 64,500 Feb-14 65,415 1.4% Electric Meter Connections Feb-13 751,632 Feb-14 763,984 1.6% Nonfarm Employment Jan-13 826,942 Jan-14 850,750 2.9% Unemployment Rate Jan-13 11.0% Jan-14 9.4% -1.6% UI Claims (statewide) Feb-13 214,309 Feb-14 181,316-15.4% New Home Sales Jan-13 5,686 Jan-14 6,965 22.5% Residential Units Permitted Jan-13 7,620 Jan-14 8,505 11.6% Existing Home Sales Jan-13 51,506 Jan-14 47,201-8.4% Commercial Permit Value (Millions) Jan-13 $194.2 Jan-14 $482.4 148.4% Taxable Retail Sales (Billions) Dec-12 $32.0 Dec-13 $33.5 4.8%
Millions State of Nevada Population 2000-2013 3.0 2.5 2.0 1.5 1.0 0.5 Non-Hispanics Hispanics 0.0 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 Source: Nevada State Demographer
Millions State of Nevada Population 2000-2013 3.0 Non-Hispanics Hispanics 26.5% 2.5 2.0 19.8% 1.5 1.0 0.5 0.0 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 Source: Nevada State Demographer
Clark County Population 2000 Estimates 2013 Projections Hispanics 22.0% Hispanics 29.0% Non-Hispanics 78.0% Non-Hispanics 71.0% Hispanics = 307,451 Hispanics = 582,952 Source: Nevada State Demographer
Clark County Population Growth 2001-2013 10% 8% 6% Non-Hispanics Hispanics 4% 2% 0% 2.4% 0.4% -2% -4% '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 Source: Nevada State Demographer
Hispanic Births As a % of Total Births in Nevada Other 64.0% Hispanic 36.0% Source: Pew Hispanic Center, 2011
Hispanic Births As a % of Total Births in Nevada Native-Born 16.6% Other 64.0% Foreign-Born 19.4% Source: Pew Hispanic Center, 2011
Thousands 1,000 Las Vegas MSA Employment Trailing 12-Months Peak to Present: -77,783 (-8.4%) 900 800 700 600 500 400 300 Source: U.S. Bureau of Labor Statistics ; NV Department of Employment, Training and Rehabilitation
Unemployment Rate Not Seasonally Adjusted 16% 14% United States Las Vegas MSA 12% 10% 8.9% 8% 6% 4% 7.0% 2% 0% Source: United States Bureau of Labor Statistics and NV Department of Employment, Training and Rehabilitation
U.S. Unemployment Rate By Ethnicity 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% Asian White Hispanic/Latino Black/African American 12.0% 8.7% 6.2% 6.0% Source: United States Bureau of Labor Statistics
Clark County Unemployment Rates 18.6% 12.1% 12.7% 9.8% Asian White Hispanic/Latino Black/African American Source: U.S. Census American Community Survey, 2012 1-Year Estimates
Hispanics/ Latinos Employment Distribution Southern Nevada Workers Average Market 12.5% 21.8% 11.6% 11.3% 42.8% 8.1% 26.4% 9.2% 25.8% 30.5% Management, Business, Science & Arts Sales and Office Production, Transportation & Material Moving Service Natural Resources, Construction & Maintenance Source: U.S. Census American Community Survey, 2012 1-Year Estimates, Calculations by Applied Analysis
Hispanics/ Latinos Employment Distribution Southern Nevada Workers Average Market 11.6% 11.3% 8.1% 9.2% 25.8% 12.5% 21.8% 42.8% 26.4% 30.5% Management, Business, Science & Arts Sales and Office Production, Transportation & Material Moving Service Natural Resources, Construction & Maintenance Source: U.S. Census American Community Survey, 2012 1-Year Estimates, Calculations by Applied Analysis
Nevada Employment Summary By Occupation Hispanic/Latino Other Management, Business, Science & Arts 11.9% 32.4% Service 40.5% 23.8% Sales and Office 21.9% 27.5% Natural Resources, Construction & Maintenance 13.1% 7.4% Production, Transportation & Material Moving 12.6% 8.9% TOTAL 100.0% 100.0% Source: U.S. Census American Community Survey, 2012 1-Year Estimates, Calculations by Applied Analysis
$15.2 billion (or 15.6 percent) Source: The Multicultural Economy, 2013; Selig Center for Economic Growth
Hispanic Share of Buying Power State of Nevada 18% 16% 14% 14.7% 15.6% 17.1% 12% 10% 8% 6% 4% 2% 0% 6.2% 10.7% 1990 2000 2010 2013 2018 Source: The Multicultural Economy, 2013; Selig Center for Economic Growth
Median Household Income Hispanics/Latinos in Nevada Median Household Income All Households in Nevada $49,760 $40,601 Source: U.S. Census American Community Survey, 2012 1-Year Estimates
Nevada Household Income Distributions Less than $15,000 $15,000 - $24,999 $25,000 - $34,999 $35,000 - $49,999 $50,000 - $74,999 $75,000 - $99,999 $100,000 - $149,999 $150,000 or More Hispanic/Latino 13.6% 13.9% 14.7% 18.5% 21.3% 9.5% 6.4% 2.2% Non Hispanic/Latino 11.4% 10.8% 10.8% 14.7% 19.6% 12.7% 12.4% 7.6% Source: U.S. Census American Community Survey, 2012 1-Year Estimates, Calculations by Applied Analysis
Billions Clark County Taxable Retail Sales $40 $35 Trough to Present: +$5.6 B (+19.9%) $30 $25 $20 $15 $10 $5 $0 Source: Nevada Department of Taxation
Nevada Businesses % Hispanic-Owned Hispanic 8.2% Other 91.8% Source: U.S. Census 2007 Survey of Business Owners (latest data available)
So. NV Homeownership Rates TOTAL VALLEY 55.7% HISPANICS/ LATINOS 45.0% Source: Las Vegas Perspective
Clark County Hispanic Density Top 10 Zip Codes Zip Code % Hispanic 89030 73.5% 89110 62.6% 89101 61.8% 89115 58.2% 89104 56.7% 89102 53.7% 89142 51.5% 89107 51.0% 89169 46.2% 89156 45.8% Source: Las Vegas Perspective
Clark County Hispanic Density Top 10 Zip Codes Zip Code # Hispanic 89030 37,918 89110 47,395 89101 25,400 89115 39,851 89104 19,996 89102 19,093 89142 17,888 89107 19,831 89169 11,773 89156 13,034 TOTAL 252,179 Source: Las Vegas Perspective
Summary Valley-Wide Neighborhood Risk Index Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI TANF Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI SNAP Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI Medicaid Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI Unemp. Insurance Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI Foreclosures Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI Residential Vacancy Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI Bank Owned Homes Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Elements of the NRI Composite Risk Valley-wide Distribution Map Source: Quarterly Neighborhood Risk Index, Applied Analysis
Nevada Educational Attainment Less Than 9th Grade Some High School Hispanic/Latino 20.5% 18.0% Non-Hispanic/Latino 2.0% 6.7% High School Diploma or GED 30.8% 28.2% Some College, No Degree 18.0% 28.5% Associate's Degree 4.3% 8.4% Bachelor's Degree 5.7% 17.3% Graduate Degree 2.6% 8.9% Source: U.S. Census American Community Survey, 2012 1-Year Estimates, Calculations by Applied Analysis
Nevada Educational Attainment Less Than 9th Grade Some High School Hispanic/Latino 20.5% 18.0% Non-Hispanic/Latino 2.0% 6.7% High School Diploma or GED 30.8% 28.2% Some College, No Degree 18.0% 28.5% Associate's Degree 4.3% 8.4% Bachelor's Degree 5.7% 17.3% Graduate Degree 2.6% 8.9% Source: U.S. Census American Community Survey, 2012 1-Year Estimates, Calculations by Applied Analysis
Nevada Educational Attainment Less Than 9th Grade Some High School Hispanic/Latino 20.5% 18.0% Non-Hispanic/Latino 2.0% 6.7% High School Diploma or GED 30.8% 28.2% Some College, No Degree 18.0% 28.5% Associate's Degree 4.3% 8.4% Bachelor's Degree 5.7% 17.3% Graduate Degree 2.6% 8.9% Source: U.S. Census American Community Survey, 2012 1-Year Estimates, Calculations by Applied Analysis
61.5% of Hispanics/Latinos in Nevada have at least a high school diploma, or equivalent, compared to 91.3% of non-hispanics/latinos in Nevada
Clark County Educational Attainment Valley-Wide Average Hispanics Some High School, No Diploma 9.6% Less Than 9th Grade 6.7% Graduate Degree 7.3% High School Graduate (or GED) 29.4% Some College, No Degree 24.9% Bachelor's Degree 14.9% Associate Degree 7.1% Graduate Degree 3.7% Bachelor's Degree 9.2% Some High School, No Diploma 30.7% Associate Degree 5.3% High School Graduate (or GED) 33.6% Some College, No Degree 17.4% Source: Las Vegas Perspective; note: Hispanic profile categories do not include Less Than 9 th Grade
Nevada K-12 Schools Enrollment Demographics 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Other Asian Black Hispanic White 44.5% 43.1% 42.2% 41.7% 38.7% 37.4% 36.8% 35.3% 36.4% 36.9% 37.3% 38.8% 39.6% 40.0% 11.1% 11.1% 11.3% 11.3% 9.9% 9.6% 9.7% 6.0% 5.6% 5.7% 7.6% 7.9% 8.1% 8.2% '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 Source: Nevada Annual Reports of Accountability
Trend in ELL Population Nevada 25% 20% 15% 16.6% 17.6% 18.0% 16.6% 20.0% 15.9% 14.9% 10% 5% 0% '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 Source: Nevada Annual Reports of Accountability
Clark County School District Enrollment Demographics 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Other Asian Black Hispanic White 37.5% 36.1% 35.3% 34.6% 31.9% 30.2% 29.4% 38.6% 39.9% 40.5% 41.0% 42.1% 43.4% 43.9% 14.3% 13.9% 14.0% 14.1% 12.4% 12.0% 12.1% 7.1% 6.6% 6.7% 8.9% 9.3% 9.5% 9.6% '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 Source: Nevada Annual Reports of Accountability
Clark County Graduation Rates 2013-2014 Hispanic County Average Did Not Graduate 34.2% Graduated 65.8% Did Not Graduate 28.5% Graduated 71.5% Source: Nevada Annual Reports of Accountability, Cohort Graduation Rates (Reported for Prior School Year)
Trend in ELL Population Clark County 25% 23.0% 20% 18.4% 19.6% 20.2% 18.2% 17.6% 16.5% 15% 10% 5% 0% '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 Source: Nevada Annual Reports of Accountability
SAT Mean Scores of College-Bound Seniors Critical Reading 510 All students Mexican American Puerto Rican Other Hispanic 500 490 480 470 460 450 440 '05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 Source: U.S. Department of Education, National Center for Education Statistics
SAT Mean Scores of College-Bound Seniors Math 530 520 510 500 490 480 470 460 450 440 All students Mexican American Puerto Rican Other Hispanic '05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 Source: U.S. Department of Education, National Center for Education Statistics
SAT Mean Scores of College-Bound Seniors Writing 500 All students Mexican American Puerto Rican Other Hispanic 490 480 470 460 450 440 '05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 Source: U.S. Department of Education, National Center for Education Statistics
Latinos as a Percent of Eligible Voters Source: Pew Hispanic Center, based on 2010 data
2012 Latino Electorate Nevada Nevada Rank U.S. Eligible Voters Who Are Latino 268,000 13 21,509,000 Share of Eligible Voters Who Are Latino 15.1% 6 10.0% Share of Latino Population Eligible to Vote 37.2% 29 42.4% Source: Pew Hispanic Center, based on 2010 data
Hispanic Share of Voters in Presidential Elections Nevada 15% 18% 10% 2004 2008 2012 Source: Pew Hispanic Center
Economic Opportunity; Not an Economic Drain
Appropriately Fund & Program K-12 Education
Put Resources in Neighborhoods Where They Are Needed Most
Instill Pride