Douglas sales rise 11 percent in August
October 26, 2012
The end of the summer season was generally good for Douglas County merchants.
According to the Nevada Department of Taxation, county merchants raked in $54.9 million in taxable sales for the month of August versus $49.6 million in the same month the year before – a 10.7 percent increase.
In the current fiscal year to date, the county has posted nearly $108 million versus $102 million in the same time period a year ago – a 5.5 percent increase.
The manufacturing sector had some interesting sales trends.
Food manufacturing was up 203 percent for the month, posting $252,990. Petroleum and coal products manufacturing posted $2.7 million, up 133 percent year-over-year. Nonmetallic mineral product manufacturing leaped 215 percent year-over-year, raking in $1.4 million in August.
Merchant wholesalers of durable goods had a strong month. The category totaled $3.1 million in taxable sales versus $2.5 million in August 2011 – a 26 percent jump.
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Merchant wholesalers of nondurable goods lost slight ground with a .8 percent dip year-over-year, totaling $684,440.
Motor vehicle and parts dealers had an off month with $2 million in sales, down about 7 percent from last year.
Other retailers did significantly well.
Building material and garden equipment and supply leaped from $4.4 million in taxable sales in August 2011 to $5.5 million – a 25 percent increase.
Food and beverage stores were up 15.4 percent to $3.5 million, clothing and accessory stores were up 14 percent to $1.5 million, and general merchandise stores saw .4 percent increase at about $7.1 million in sales for the month.
Besides car dealers, on retail segment down in August was sporting goods, hobby, book and music stores. The category’s 40 percent drop in a year, from $1.4 million in sales to $858,688, likely can be attributed to the closure of Borders in north Douglas County in September 2011. The store was still liquidating its inventory last August.
Some other areas that outperformed the previous year were telecommunications, which increased sales 50 percent in August, from $521,293 the previous year to $780,958, and rental and leasing services, which rose 35 percent to $1.4 million.
The county’s largest category, food services and drinking places, rose 4.1 percent in August from the previous year, posting $13.3 million.
Statewide, taxable sales were up 7.6 percent for the month, totaling roughly $3.7 billion.
Motor vehicle and parts dealers were up 21.6 percent; building material and garden equipment and supplies were up 36.9 percent; clothing and accessories were up 10.3 percent; general merchandise stores increased by 6.9 percent; and merchant wholesalers of durable goods rose 9.0 percent.
For the fiscal year to date, Nevada sales are up 6.1 percent.