Sales & Use Tax Revenue Statistics News Release

Still growing: September statewide taxable sales total $5.07 billion, up 2.5 percent from last year


- December 04, 2018

Statement from Bill Anderson, Executive Director, Nevada Department of Taxation

With September numbers in, Nevada notches yet another month of growth in taxable sales—now at 99 consecutive months—though the month’s growth is slightly slower than recent months. Statewide taxable sales totaled $5.07 billion for the month, up 2.5 percent compared to last September, and up 5 percent through the first quarter of this fiscal year compared to last. Five categories made up a little more than half of all taxable sales for the first quarter, with food services and drinking places claiming the largest share with taxable sales of $2.85 billion for the quarter. The second largest share was motor vehicle and parts dealers with taxable sales totaling $1.88 billion for the same period. In terms of which dollar-heavy categories grew the most, nonstore retailers, which is the category under which most remote sellers fall, is up 24.7 percent over the first quarter last year, followed by miscellaneous store retailers with a gain of 21.7 percent for the quarter compared to last year. Fourteen of Nevada’s 17 counties, including Clark and Washoe, saw growth in the month of September. Eight rural counties continue to maintain growth in the double digits through the first quarter of the fiscal year. Collections for the state general fund portion of sales tax totaled $100.26 million for September, up 4 percent from last year.

Highlights

-  Total taxable sales for September were $5.07 billion, a 2.5 percent increase over September 2017; Taxable sales are up 5 percent through the first quarter of this fiscal year compared to last

-  Nine of the 10 top sales categories by volume are up through September for this fiscal year compared to last; Food services and drinking places is the largest category with total taxable sales of $1.05 billion in September and $2.85 billion for the first quarter; Nonstore retailers and miscellaneous store retailers categories grew the most, up 24.7 percent and 21.7 percent respectively for the first quarter; The category of clothing and clothing accessories stores continues to be slightly down, both for the month and fiscal year to date

-  Fourteen of Nevada’s 17 counties saw growth in September, and 15 have seen growth for the full first quarter of the fiscal year; Clark is up 4.4 percent for September and 6.5 percent for the quarter, while Washoe is up 1.7 percent for the month and 2.0 percent for the quarter; Four rural counties maintained double-digit growth for September, while eight have maintained it through the first quarter: Churchill, Eureka, Humboldt, Lander, Lincoln, Mineral, Pershing, and White Pine Counties are all up by double digits for the first quarter compared to the same period last year

-  The 2 percent state portion of sales and use taxes that goes to the General Fund totaled $100.26 million for September, up 4 percent from the same month last year; Through the first quarter of the fiscal year, the 2 percent state portion is 0.15 percent below forecast

Taxable sales were $5.07B in September, up from $4.95B a year ago; Up more than 56% from September 2010

Taxable-Sales-Were

September marks 99 straight months of taxable sales growth; Up 2.5% vs. 2017

September-Marks

The top five categories make up a little more than half of statewide taxable sales; Food services and drinking places maintains top spot with $2.85B in taxable sales through September

The-Top-Five

Nonstore retailers category sees largest year-to-date gains, up 24.7% from last year; Miscellaneous store retailers follows with a gain of 21.7%

Nonstore-Retailers-See

* Food Services/Drinking Places and Accommodation categories have been excluded from this chart due to business changing NAICS categories that resulted in substantial over-the-year decrease/increase for these categories that is unrelated to economic activity

Clark County contributes about 72% of statewide taxable sales, while Washoe contributes almost 15%

Clark-County-Contributes

Churchill County’s taxable sales up by almost 70% through first quarter of fiscal year; Nye and Storey lagging behind

Churchill-County-Taxable

General Fund sales tax collections = $100.26M vs. $96.52M a year ago; Up 4% over the year

General-Fund

Sales tax collections come in 2.4% below forecast in September; Slightly behind forecast year to date by 0.58%

Sales-Tax-Collections