Titus Statement on 4th Quarter GDP Increase

Washington, D.C. – January 29, 2010 – (RealEstateRama) — Congresswoman Dina Titus of Nevada’s Third District released the following statement today on the news that the economy grew 5.7 percent in the fourth quarter of 2009, the fastest pace since 2003.

“Growing our national economy is a critical component of an economic recovery for Southern Nevada.  With a local economy that is closely tied to the tourism and gaming industry, we need people around the country to have money in their pocket so they can come to Las Vegas.  The Recovery Act, which included the largest package of tax cuts in history, and the first-time homebuyer tax credit were just some of the steps we took to lay the foundation for this growth.

“Today’s news is a welcome sign, but our work is far from over.  I am working every day to create jobs in Southern Nevada and stem the tide of foreclosures so as our national economy recovers, the people of Southern Nevada will not be left behind.”

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