November sales continue positive trend in Douglas
February 7, 2012
Total sales in Douglas County inched upward during the holiday season, according to data released last week by the Nevada Department of Taxation.
The county’s taxable sales hit $43.6 million in November, up .5 percent from $43.4 million the same month the year before.
For the current fiscal year to date, taxable sales in Douglas County have increased 4.3 percent, from about $230 million the prior fiscal year to nearly $240 million heading into December.
“It comes on the heels of year-over-year growth we saw the previous month, and what’s positive is that the trend is continuing,” said Bill Chernock, executive director of the Carson Valley Chamber of Commerce. “Some of the numbers are pretty relatable to seasonal and Christmas kinds of purchases, but generally any month that continues growth is more than welcome news.”
According to the state, several industries in Douglas County saw strong sales in November.
Construction of buildings was up 97.1 percent for the month and up 179.7 percent for the fiscal year to date.
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While wholesale nondurable goods slid 3.4 percent for the month, wholesale durable goods rose a rousing 117 percent, from $1.6 million in November 2010 to $3.4 million in November 2011.
For the fiscal year to date, both categories are up – wholesale nondurable goods up 4 percent, and wholesale durable goods up 55.8 percent. The latter has increased from $9.3 million the same time period in 2010 to a little more than $14.4 million.
Motor vehicle and parts dealers saw sales rise 36.7 percent in November, from $1.4 million the same month in 2010 to $1.9 million. The category is up 5.3 percent on the year.
Furniture and home decor stores sustained a 2.3 percent hit in November, and a 1.7 percent decline on the year, but electronics and appliance stores increased sales by 13.5 percent in November, and by 5.2 percent year to date.
Clothing and accessory stores saw a 5.7 percent jump over the same month in 2010, and sales at general merchandise stores rose 2.4 percent.
While food and beverage stores fell 4.9 percent in November, from $3.1 million the previous year to $2.95 million, food services and drinking places rose in taxable sales by 17.2 percent, from $7.2 million in November 2010 to $8.4 million.
For the fiscal year to date, food services and drinking places are up 7.7 percent, from roughly $52 million to $56 million.
“Perhaps we’ve hit what possibly existed at the bottom of the trough, and we’re going to climb a bit in December numbers and into 2012,” Chernock said.
Statewide, taxable sales increased 9.6 percent in November, from $3.1 billion the prior year to $3.4 billion. For the fiscal year to date, taxable sales are up 8.5 percent in Nevada, totaling about $17.3 billion thus far compared to $15.9 billion for the same time period in 2010.
The largest increases in statewide taxable sales came from food services and drinking places, up 7.5 percent, clothing and accessory stores, up 14.8 percent, utilities, up 197.3 percent, wholesale durable goods, up 19.6 percent, and motor vehicle and parts dealers, up 9.1 percent.
Clark County, the state’s largest economic engine, saw sales rise by 8.6 percent in November, and by 6.9 percent on the year. In fact, 14 of Nevada’s 17 counties recorded increases in taxable sales in November compared to the previous year. Only Carson City, Humboldt and White Pine counties saw decreases during the month.