May 18, 2013

Save Email Print Bookmark and Share
Posted: Mon 12:15 PM, Sep 27, 2010
A A
Updated: Mon 9:43 PM, Sep 27, 2010

Nevada Sales Up 5.3% in July

CARSON CITY, Nev. (AP) - Taxable sales in Nevada rose 5.3% in July over the same month last year, representing the largest increase in more than two years.

The Nevada Department of Taxation on Monday reported merchants statewide sold $3.2 billion in goods during the month. The $252.5 million the state collected in sales and use taxes was up 4.3% compared with July 2009.

Nevada's construction industry continues to suffer double-digit declines. Those sales were down 29%.

But other industries tied to Nevada's tourism-based economy showed improvement. Accommodations were up 18.6%, and bar and restaurant sales 2%.

The report says 11 of Nevada's 17 counties recorded an increase in taxable sales for the month.

Next Story >
Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

US Business News

  • U.S. Opens Door to More Gas Exports
    The Obama administration cleared the way for broader natural-gas exports by approving a $10 billion facility in Texas, a milestone in the U.S. transition into a major supplier of energy for world markets.
  • J.P. Morgan's Dimon Makes His Case
    J.P. Morgan Chief Executive and Chairman James Dimon is making the case for continuity in the final days before a potentially defining vote on his future.
  • GM Shares Roar Back to Old Levels
    General Motors shares eclipsed their $33 IPO price, fueled in part by enthusiasm over the company's new vehicles.
  • Priming the Pump for Natural-Gas Cars
    A natural-gas trade group is planning a campaign to show compressed natural gas can be an effective fuel for passenger cars to encourage wider use of the fuel in transportation.
  • Penney Plans Bangladesh Audits
    J.C. Penney plans to beef up its audits of factories in Bangladesh by requiring them for the first time to undergo structural and engineering inspections.
  • DirecTV Considers Hulu Bid
    DirecTV, the second largest U.S. pay-TV provider, is weighing a potential bid for Hulu, the latest company to show interest in the six-year-old video site.
  • Bloomberg Taps Palmisano for Review
    Bloomberg appointed former IBM chief Samuel Palmisano to review the company's compliance measures, in response to concerns about subscriber information that had been available to Bloomberg journalists.
  • Mixed Transocean Results for Icahn
    Transocean shareholders rebuffed many of Icahn's efforts to bring about changes. But they awarded the activist investor one victory, dethroning the company's longtime chairman.
  • Judge Deals Setback to PokerStars
    The online poker giant PokerStars was dealt a setback in its quest to enter the U.S.'s burgeoning regulated online gambling markets, when a New Jersey state judge said the Atlantic City casino that PokerStars planned to buy could be put back on the market.
  • FTC Clears Tesoro Purchase of BP Refinery
    The Federal Trade Commission will allow Tesoro to go through with its plans to buy a BP refinery in Southern California, bringing the two companies one step closer to sealing the deal sometime this quarter.