Since the early 2000s, a fall in employment in the state of Nevada has preceded a broader U.S. recession. It makes sense why—the economic fortunes of Las Vegas, which make up a big part of the state’s overall economy, are intimately tied to consumers’ comfort with spending. Host Alex Ossola speaks with <a href="https://www.unlv.edu/people/andrew-woods?mod=WSJ_WNPOD">Andrew Woods</a>, director of the Center for Business and Economic Research at the University of Nevada, Las Vegas, about <a href="https://detr.nv.gov/content/media/DETR_Releases_August_Jobs_Report.pdf?mod=WSJ_WNPOD">what the state data shows now</a>, and what it says about the health of the U.S. economy. This is part one of our four-part series on alternative economic indicators.

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Alternative Indicators: Can Nevada Employment Predict Where the Economy is Headed?

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