Nevada sales up 4.2 percent in February

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 4/25/2013 2:30 pm

CARSON CITY, Nev. (AP) — Nevada sales rose 4.2 percent in February compared with the same month last year.

A report Thursday by the state Department of Taxation shows Nevada merchants sold nearly $3.4 billion in goods during the month, on which the state collected $265,000 in gross sales and use taxes. The collections represent a 2.3 percent increase from February 2012.

Statewide, 13 of Nevada's 17 counties reported increased taxable sales.

But the report also notes that the portion of sales taxes that help fund state government is $8 million below projections made last fall by the Economic Forum.

The independent panel is charged with predicting Nevada tax revenues on which the state budget is based.

The forum is scheduled to meet next Wednesday to make a final forecast for the next two years.

 

©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
NEWSCASTS ON DEMAND

What's On

All content © Copyright 2013 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.