This article in the Las Vegas Sun seems to think that city’s era of unbridled growth has definitely ended.
The article cites U.S. Census Bureau data showing:
-its slowest rate of population growth since 1967,
-for the first time in a long time, the state experience out-migration (more people left the state than came there).
“The new numbers contrast strikingly with the rest of this decade when an average of 45,000 people moved here every year from other states,” according to the story. “Analysts both here and nationally cited the weak economy of Nevada and other Sun Belt states, including Florida and Arizona, as the primary cause of the sudden halt in America’s 60-year move to the South and West.”
The story doesn’t really address if this growth will pick up again after the current recession ends. I’m not sure that the Sun Belt’s growth is over for good. What do you think?