Nevada taxable sales up 5.2 percent in October

Mon, Feb 5, 2018 (2:21 p.m.)

CARSON CITY — Taxable sales in Nevada, one indicator of the economy, rose by 5.2 percent in October, with strong sales of durable goods and cars.

The Nevada Department of Taxation reported today that sales reached $4.6 billion, and the state received $93.4 million in sales and use taxes.

State collections for the fiscal year through October were down $6.4 million from the forecast made by the Economic Forum.

Thirteen of Nevada’s 17 counties reported sales increases compared to October 2016. Clark County posted $3.3 billion in sales, up 2.5 percent.

Storey County, home to a Tesla battery plant that is under construction, enjoyed a 127.2 percent increase in taxable sales.

Lincoln County had the largest decline, 20.1 percent.

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