NV Sales Up 5.3 Percent in July

CARSON CITY, Nev.-- Taxable sales in Nevada rose 5.3 percent 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 percent compared with July 2009.

Nevada's construction industry continues to suffer double-digit declines. Those sales were down 29 percent. But other industries tied to Nevada's tourism-based economy showed improvement. Accommodations were up 18.6 percent, and bar and restaurant sales 2 percent.

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

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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