Gas, construction inflation turn up in taxable sales

The former Gardnerville Chevron switched to Valero earlier this year after 27 years. Before it changed to Chevron in 1995, it was an Exxon Station.

The former Gardnerville Chevron switched to Valero earlier this year after 27 years. Before it changed to Chevron in 1995, it was an Exxon Station.

 

A big jump in gasoline and construction materials appeared in state sales tax statistics for March.

Taxable sales of building materials jumped 42.6 percent, or almost $3 million over March 2021, according to figures released by the Nevada Department of Taxation.

Gasoline jumped 34.6 percent to $450,512 for the month as gas prices approached $5 a gallon. They’ve gone way above that now.

Inflation likely accounted for the increase in both cases.

Meanwhile sales at general merchandise stores were down 9.6 percent to $10.2 million and online retailers took a similar hit, dropping 8.3 percent to $8.7 million.

Two sectors associated with the Stateline casinos, gambling and accommodations saw big jumps over March 2021. But food services and drinking places saw a 3.8 percent dip to bring in $10.85 million.

Overall, Douglas saw a 4.9 percent increase in taxable sales to $92.9 million for the month.

A lack of snow contributed to lower gaming revenues in April with the Stateline casinos reporting a 15 percent drop to $18.49 million.

According to the Nevada Gaming Control Board, that leaves Stateline down 5.51 percent at $194.9 million going into the fourth quarter.

Casinos in the East Fork and Carson City townships were up 2.23 percent to $11.85 million.

Douglas County saw a very small increase in unemployment rate to 3.1 percent in April up from 2.9 percent in March. There were 673 jobless workers in the county during the month.

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