Taxable sales plunge in Carson City
January taxable sales were down another 8.1 percent statewide but there were some hopeful signs in the numbers released Tuesday.
Notably, the numbers for taxes collected from accommodations – a key indicator for the tourism industry – rose 14 percent compared to January 2009. Sales of home furnishings – a statistic closely tied to home sales – rose 6.9 percent.
In addition, sales and use taxes were down just 3.26 percent compared to January 2009 with the state bringing in $220 million.
The news wasn’t good for Carson City, which saw a 16.2 percent drop in taxable sales for January, finishing the month at more than $47 million. That, unfortunately, is in line with the 15.9 percent overall drop for the seven months of this fiscal year.
Motor vehicle sales, normally Carson City’s largest sales tax generator, were down 16.6 percent. The $10.3 million in car sales was followed closely by the $9.3 million in general merchandise store sales – a
9 percent decrease.
The capital’s next largest category, food services and drinking places, was down 10.7 percent to $5.8 million for the month.
Douglas County escaped January with a decline of just 2.1 percent to $40.8 million in taxable sales. But Douglas is down 12 percent through the seven months of this fiscal year.
Storey County reported a 53 percent increase for January to $5.5 million. The reason for that boost didn’t seem to follow a particular pattern since most of the increase was in two completely unrelated categories: Food manufacturing went from $694 a year ago to $544,384 this January and fabricated metal manufacturing jumped from $18,991 to $1.98 million this year.
Lyon County suffered a 22.2 percent drop to $17.7 million. For the fiscal year so far, Lyon is down more than 18 percent. That county also has the state’s worst unemployment rate.
Statewide, construction suffered the most damage, falling 57.4 percent behind the same month a year ago.
While Clark County was down 8.3 percent to $2.1 billion, Washoe fared better at just 4.8 percent down – which translates to $373 million in taxable sales.