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twitterTaxable sales continue to slide, down 20.6 percent
Thursday, Sept. 24, 2009 | 3:15 p.m.
CARSON CITY – For the 11th straight month, taxable sales in Clark County have plummeted, down 20.6 percent in July to $2.2 billion.
The only bright spot was in the bar and restaurant business, which ended a 20-month slump, rising 2.7 percent in Southern Nevada.
The state Tax Department reports that statewide taxable sales, an indication of business activity, dropped 18.8 percent to $3 billion. Only two counties showed gains – Churchill up 0.8 percent and Humboldt, 27.3 percent.
Gov. Jim Gibbons said the report shows the continued effects of the weakness of the national economy.
“The increasing unemployment rate and sluggish consumer spending have had a continuous profound effect on Nevada’s revenue collections which continue to decline in comparison to the same month last year,” the governor said.
He said he is continuing efforts to raise consumer confidence and diversify the state’s economy.
For the 10th straight month, the sale of building materials in Clark County declined, dropping 29 percent. This was the biggest fall since the 29.6 percent recorded in December 2008.
Auto sales in Southern Nevada continued on their double-digit decline, dropping 34.1 percent from a year ago in July. It was the 20th straight month of falling car sales.
But the growth in restaurant and bar sales was the first time those businesses had recorded a gain since October 2007.
The department reported that furniture sales fell 33.9 percent; the apparel business was down 10.7 percent and general merchandise was off 11.3 percent in July in Clark County.
Statewide, every major industry was down except food services and drinking places, which rose 2.3 percent.
Gross sales tax collections fell to $242 million, a 13.5 percent decline from July 2008. That’s $4.6 million below the forecast of the Economic Forum that projects the revenues for the state.
The department said taxable sales in Washoe County dropped 15.2 percent to $442.9 million and Carson City was off 12.7 percent to $61.9 million.
In a county-to-county report, the biggest declines occurred in Esmeralda, off 75.1 percent; Pershing, off 36.3 percent and Eureka, off 34.7 percent.
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Great! Fire the social workers. Close he wefare offices. Problems soved.
Cut the taxes...at least the people can enjoy a little respite from the constant bashing of the economy.
they really need spell checker in the discussion section!
All state workers including teachers, police, firefighters and anyone on the state payroll should receive a 20% cut on Monday. That would fix everything. Later when we are in a positive position with a balanced budget or surplus we can look at rebuilding the payroll. Until then we need to cut budgets to reflect the amount of revenue that comes in. Only a balanced budget should be legal.
if you listen closely you can hear the sound of the henderson police department loading their cars with blank tickets.
One day you wake-up with the epiphany that the government has been nothing but a colossal criminal organization that has robbed you and your family of a deserving lifestyle.
As BTO would say, "slide, slide, slide - let it slide".
: )
As long as you people continue to think the way you do, things are going to be bad for NV. Taxes: Did GWB's tax cuts work? No. On the contrary, the previous administration's irresponsible fiscal policies (incl. the tax cuts for the wealthy, and an unnecessary war) took us to the melt down we're experiencing today. Meanwhile, dinosaurs such as Mr. Patrick Gibbons (see his comment) continue to believe that the idiotic Republican policies actually work. Capitalism, as Republicans know it, FAILED. The economy will recover, but more slowly here in Nevada. No economy is sustainable if it is mostly based upon endless growth. Growth for NV will be stalled for a while. This is the time to invest in education, train our--mostly uneducated--workforce and diversify our economy.
"train our mostly uneducated workforce". How do we decide who is "uneducated". By a piece of paper that says the recipient completed a course of study? Look at all those involved in the economic collapse and there are plenty of pieces of paper claiming those participants were "educated". Plenty of ignorant PHD's to go around. City and state governments across the nation are chock full of "educated" people and their programs and budgets are a disaster. Same with the feds. Put to rest that stupid notion that a piece of paper denotes a person is educated and competent.
Diversify into what? Every major city in the nation is screaming they need to diversify. As far as "educated" jobs go, forget it. Look at where the eggheads hang out. Denver, Boulder, Frisco, Boston, Portland, Seattle, New York. etc. No place hot. The sissies can't handle it. Las Vegas is a working mans town and the "superior" eggheads hate living near those they consider inferior. Good enough to clean your toilets, not good enough to socialize with. Good luck training for those green jobs that won't materialize. Half the eggheads are preaching the gospel of green energy while the other half are doing everything they can to see it doesn't happen.
More right-wing nutjob rhetoric from lasvegas2009 and jlb101.
Morgen, some good points. Education is KEY to a successful life; not just monetarily, but so you can fully enjoy and contribute to society.
That's right, odeman, keep em' stupid, am I right? Using your logic, education makes people stupid. Total, irrational foolishness.
In school, the young Edison's mind often wandered, and his teacher, the Reverend Engle, was overheard calling him "addled." This ended Edison's THREE MONTHS of official schooling.
Edison recalled later, "My mother was the making of me. She was so true, so sure of me; and I felt I had something to live for, someone I must not disappoint."
His mother home schooled him. Much of his education came from reading R.G. Parker's School of Natural Philosophy and The Cooper Union.
: )
Actually it's our education system that makes people stupid. Look what we've been bread to believe. Consume, consume, consume. Believe it or not there's more to life than consumption! Most strive to better their neighbor only to enslave themselves to debt, pretty sad if you think about it.
Just raise taxes, that solves everything.
sure raise the taxes higher and watch the sales tax plummet.....how about jobs not taxes....then people will spend and the tax revenue will rise...the tax and spend crap is not working!!!
Sabibaby,
while I agree with you that, unfortunately, we have become programmed to "consume, consume, consume", I'm not sure what your formal education had to do with it. That nonsense is programmed in by the crap we watch on t.v., in the omni-present advertisements which are literally EVERYWHERE YOU LOOK and yes, by this incessant need to one-up thy neighbor. It's the nature of capitalism, this buy! buy! buy!
That is why the great machine has screeched to a halt; no disposable income right now with which to feed the thing.
There's no great benefit of a formal education if it's turning out kids with communications and marketing degrees. The majority of the degrees to be had in collage are absolutely useless in real life. They serve little purpose except to show who's blown a ton of money and spent four-six years of life boozing and partying, and who hasn't. Individual success over the next decade will depend more on perseverance and the ability to hold one's *stuff* together when times are tough then the ability to graduate college with a cookie cutter degree.
LasVegas2009, That was the most flawed idea I have heard here. The state employee has already taken a cut in the form of furlows. They must take a total of 96 hours each year without pay for the next two years. I think its time to look some where else besides state workers to solve our budget woes.