State taxable sales rise 6.2 percent; Clark County up 5 percent

A big chunk of Nevada’s revenue base got off to a strong start in the first month of fiscal 2014.

Taxable sales, or levies on purchases of goods from the state’s business, rose to $3.77 billion in July up 6.2 percent from $3.55 billion a year earlier, the state Department of Taxation said Thursday. Sales in Clark County jumped to $2.67 billion a 5 percent gain compared with $2.54 billion in July 2012.

Among key local sales categories, dealers of cars and car parts enjoyed the biggest spike, with sales rising 22.9 percent year over year to $338.1 million. Merchant wholesalers of other big-ticket items, such as office equipment and appliances, grew their sales by 7.1 percent.

Home-related goods saw noticeable increases as well. Furniture retailers improved their sales 12.2 percent, to $47.4 million, while electronics and appliance stores posted a 10.1 percent rise, to $83.4 million. Sellers of building materials and garden equipment and supplies experienced a 10.2 percent improvement, with sales moving up to $96.8 million.

The biggest spending category, bars and restaurants, was relatively flat, improving 1.3 percent to $703.4 million. Sales among general merchandise retailers, such as department stores, ticked up 1.1 percent, to $228.4 million.

Gross revenue collections from sales and use taxes, which help fund prisons and schools, were up 5.82 percent year over year, to $293.91 million.

Twelve of Nevada’s 17 counties posted sales gains in July. Counties that saw declines were Esmeralda, Eureka, Lander, Lincoln and Pershing.

News Headlines
Home Front Page Footer Listing
You May Like

You May Like