Nevada sales up 4.2 percent in September, fueled by auto, construction and accommodations (The Republic)

November 29, 2012 – Taxable sales in Nevada rose 4.2 percent in September over the same month last year, with several major sectors, including autos, accommodations and Nevada’s beleaguered construction industry reporting large gains, the Nevada Department of Taxation reported Thursday. Nevada merchants sold $3.7 billion in goods in September, on which the state collected nearly $293 million in gross sales and use taxes. The report marks the 27th consecutive month of improved sales and comes a day before an independent panel of business finance experts meets to project how much tax money Nevada will take in over the next two years. The forecast by the Economic Forum must be used by the governor and state lawmakers to build a state budget. Any spending proposals that exceed forum projections must identify a funding source.

Link to Full Article: http://www.therepublic.com/view/story/d9147238a13f405fb8d47ffe946ff1df/NV–Nevada-Sales

Link to Dept. of Taxation Press Release: http://tax.state.nv.us/press_release.htm

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