Taxable Sales Climb 4.7% In July For 25th Consecutive Month Of Gains
Submitted by Nevada News Bureau on Thu, 09/27/2012 - 3:21pm
CARSON CITY – Statewide taxable sales totaled $3.55 billion in July, a 4.7 percent increase over July 2011 for the 25th consecutive month of increases, the state Department of Taxation reported today.
Clark County taxable sales were up 5.4 percent, while Washoe County saw a 5.6 percent gain over July 2011.
Ten of Nevada’s seventeen counties recorded an increase in taxable sales for July 2012 compared to July 2011. Eureka, Lyon, Mineral, Nye, Pershing, Storey, and White Pine counties recorded decreases.
The largest increases in statewide taxable sales were seen in the Motor Vehicle and Parts Dealers category, up 14.2 percent; Merchant Wholesalers-Durable Goods, up 10.1 percent; Machinery Manufacturing, up 44.2 percent; Clothing and Clothing Accessories, up 4 percent; and Food and Beverage Stores, up 7.3 percent.
Other categories showing increases in July included General Merchandise Stores, up 2.8 percent; Furniture and Home Furnishings, up 0.9 percent; and Accommodations, up 109.2 percent.
Not all the news was good, however. The Construction Industry classification was down 5.9 percent in July over July 2011 and the Food Services and Drinking Places category was down 0.6 percent.