Taxable sales increase in April for both Clark County, state
June 26, 2015 - 2:15 pm
Higher spending by businesses and consumers in April pushed up Nevada’s taxable sales by a healthy margin.
Sales of tangible goods increased 5.5 percent year over year in the month, to $4.12 billion, the state Department of Taxation reported Friday.
Sales in Clark County were up 6.8 percent, to $3.11 billion.
Sales inside bars and restaurants — the biggest category, at 27 percent of countywide spending in April — shot up nearly 16 percent, or $115.4 million.
Dealers of cars and car parts posted a 9.8 percent increase, to $351.1 million. Furniture retailers added 27.3 percent to sales, for a total of $64.1 million. Retailers of building materials and gardening equipment and supplies boosted sales by 11.4 percent, to $123.5 million.
Wholesalers of big-ticket durable goods such as office and factory equipment also saw gains, with sales rising by 11 percent, to $184.3 million.
Construction-related spending in Clark County was up 2.7 percent, to $50.9 million.
The increases offset declines in some consumer-oriented sectors. Sales among clothing and accessories stores dipped 7.4 percent, to $278.2 million, while general merchandise retailers such as department stores saw sales edge down 0.7 percent, to $244.6 million.
Gross revenue collections from sales and use taxes, which help fund prisons and schools, were $324.9 million statewide in April, up 6.7 percent compared with April 2014. The state general fund’s share was $82.3 million, up 6.4 percent.
In the first 10 months of fiscal 2015, which ends June 30, the General Fund portion was 0.5 percent, or $4.3 million, above forecasts of the Economic Forum.
Contact Jennifer Robison at jrobison@reviewjournal.com. Find her on Twitter: @J_Robison1