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INC PULATION REA PO DU SE RING U 20 NL % 13 2 V EN 7, 5 RO 8 . L 2 C LM 4 S 7 N EN 8 Y 062,2 3 T , 5 E 6 T E 3 NR , G 2 N O 6 A % EW N L I R COM S LM 2 G VE E C E 9 N A A RS N N I L RE T A .6 FR 3 V 3 I N 3 O , M E 3 L IO NR 9 U T OL F A LM 5 N E O S E ALIFO N L C R T R N M T A I U 4 U A S Q . 7 T E A O . o C 0 R C 0 0 9 E M 1 A P 9 FO 0 F G M IN R N O E T O T IN H 1 S S T E N O U E F C O 8 1 I C H G . R O S A 9 T R T N 7 I E 9 M V 0 E A 6 Y S R $ T S 3,086,745,000(ASSISTED BY LVGEA) S E NEW COMPANIES U N I D 26 S N I ANNUAL HOME SALES N 7 U 4 R EMPLOYMENT 5 T E E , RETAILW O 7 S 0 B & 4 A T , 5 L 7 las vegasA perspective E 895,700 , 9.5% 6 L 7 6 UNEMPLOYMENT 4 0 RATE 6 E M M IS E LU A R LUM VO P TOU VO R M A CO ITOR E L R M VIS G TE S A T M N O M V E 6 H O G M ER M SS O $ . E CI PA 8 R R N AL 7 N . E O $ M A 7 N T F A .6 RR 1 3 0 T M D F RK 9 CA E 4 9 5 M I ET 3 C 0 A C 4 M OC R AN E 5 ,5 7 C D M 7 TION 0 0 U KE A ,8 CONVEN 5 , 9 PA T RK 78 ATTENDANCE 1 0 NC 20 ET 5 2 Y 0 ,0 . % D VA ,2 0 EM CA 7 3 AN NC 0 S M 7 D IN Y R F 1 $ 6 3 DU ATE .1 , ,6 ST 25.7% 5 9 0 RIA TY 0 L M CLARK COUN ENUE ,7 S ARK G REV 24 F ET GROSS GAMIN Taxable Retail Sales ............................................................138 Clark County Taxable Retail Sales Trend 138 Clark County Taxable Retail Sales 138 Clark County Combined Taxable Sales/Use Statistical Report 138 Shopping Destinations ....................................................... 140 Commercial Retail Market .................................................. 142 Commercial Retail Market Vacancies 142 Power Centers 143 Community Centers 143 Neighborhood Centers 143 Total Retail Market 143 Automobiles ............................................................................144 Trends and Opinions .............................................................146 09-retail.indd 137 3/18/14 10:54 AM 2014 Las Vegas Perspective RETAIL Taxable Retail Sales Clark County Taxable Retail Sales Trend (in billions) $36.2 $36.4 $34.3 $34.6 $33.5 $32.0 $30.6 $30.1 $28.5 $28.3 $26.2 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 Clark County Taxable Retail Sales Clark County Combined Taxable Sales/Use Statistical Report ($000) CALENDAR YEAR TAXABLE SALES % CHANGE BUSINESS CODE / TYPE 2013 BUSINESS CODE / TYPE 2013 2003 $26,190,136 10.5% 111 Crop Production $4,578,084 325 Chemical Manufacturing $36,449,212 2004 $30,582,641 16.8% 112 Animal Production $320,177 326 Plastics & Rubber Products $17,883,752 2005 $34,287,741 12.1% 113 Forestry & Logging $303,467 Manufacturing 2006 $36,174,108 5.5% 115 Support Activities for $430,946 327 Nonmetallic Mineral $163,703,342 2007 $36,368,251 0.5% Agriculture & Forestry Product Manufacturing 2008 $34,582,125 -4.9% 211 Oil and Gas Extraction $21,930 331 Primary Metal $47,715,172 2009 $28,503,924 -17.6% 212 Mining (except Oil & Gas) $8,693,432 Manufacturing 2010 $28,307,925 -0.7% 213 Support Activities for $1,741,548 332 Fabricated Metal Product $80,477,004 2011 $30,105,395 6.3% Mining Manufacturing 2012 $31,968,782 6.2% 221 Utilities $163,034,775 333 Machinery Manufacturing $106,434,455 2013 $33,515,335 4.8% 236 Construction of Buildings $39,327,459 334 Computer & Electronic $66,313,656 237 Heavy & Civil Engineering $102,117,730 Product Manufacturing Source: Nevada Department of Taxation. Construction 335 Elec Equip, Appliance & $61,234,506 238 Specialty Trade Contractors $385,483,652 Comp Manufacutring 311 Food Manufacturing $61,922,826 336 Transportation Equipment $15,353,789 312 Beverage & Tobacco ($23,745,830) Manufacturing Product Manufacturing 337 Furniture & Related Product $34,374,284 taxable retail sales retail taxable 313 Textile Mills $638,242 Manufacturing 314 Textile Product Mills $9,570,002 339 Miscellaneous $285,629,502 315 Apparel Manufacturing $4,871,114 Manufacturing 316 Leather & Allied Product $370,325 423 Merchant Wholesalers, $1,776,350,637 Manufacturing Durable Goods 321 Wood Product $41,909,636 424 Merchant Wholesalers, $483,390,917 Manufacturing Nondurable Goods 322 Paper Manufacturing $10,695,523 425 Wholesale Electronic $117,192,287 323 Printing & Related Support $115,896,925 Markets & Agents & etc. Activities 441 Motor Vehicle & Parts $3,636,462,960 324 Petroleum & Coal Products $13,549,849 Dealers Manufacturing 442 Furniture & Home $599,804,541 Furnishings Stores 138 retail » taxable retail sales 09-retail.indd 138 3/18/14 10:54 AM 2014 Las Vegas Perspective RETAIL BUSINESS CODE / TYPE 2013 BUSINESS CODE / TYPE 2013 BUSINESS CODE / TYPE 2013 443 Electronics & Appliance $1,106,069,511 491 Postal Service $442,213 541 Professional, Scientific, $443,322,102 Stores 492 Couriers & Messengers $9,760,020 & Technical Services 444 Building Material & Garden $1,133,211,581 493 Warehousing & Storage $37,013,344 551 Management of Companies $47,211,272 Equipment & etc. 511 Publishing Industries $19,175,036 & Enterprises 445 Food & Beverage Stores $1,133,247,444 (except Internet) 561 Administrative & Support $414,572,072 446 Health & Personal Care $732,632,369 512 Motion Picture & Sound $40,066,581 Services Stores Recording Industries 562 Waste Management $9,079,637 447 Gasoline Stations $276,263,748 515 Broadcasting (except $58,561,860 & Remediation Services 448 Clothing & Clothing $3,575,677,826 Internet) 611 Educational Services $38,982,653 Accessories Stores 517 Telecommunications $257,551,315 621 Ambulatory Health Care $63,587,441 451 Sporting Goods, Hobby, $546,151,739 518 Data Processing, Hosting $19,385,783 Services Book, & Music Stores & Related Services 622 Hospitals $26,053,480 452 General Merchandise $3,149,170,908 519 Other Information Services $14,724,692 623 Nursing & Residential Care $1,183,658 Stores 521 Monetary Authorities - ($130,408) Facilities 453 Miscellaneous Store $610,565,119 Central Bank 624 Social Assistance $1,684,747 Retailers 522 Credit Intermediation $120,264,362 711 Performing Arts, Spectator $86,529,871 454 Nonstore Retailers $329,083,582 & Related Activities Sports, & etc. 481 Air Transportation $15,252,057 523 Securities, Commodity $19,461,665 712 Museums, Historical Sites, $1,779,685 482 Rail Transportation $4,319,912 Contracts, & etc. & Similar Institutions 483 Water Transportation $223,421 524 Insurance Carriers $15,191,015 713 Amusement, Gambling, $126,164,580 484 Truck Transportation $3,779,095 & Related Activities & Recreation Industries 485 Transit & Ground Passenger $11,312,624 525 Funds, Trusts, & Other $185,993 721 Accommodation $69,016,474 Transportation Financial Vehicles 722 Food Services & Drinking $8,908,768,293 486 Pipeline Transportation $184,968 531 Real Estate $23,272,909 Places 487 Scenic & Sightseeing $17,514,883 532 Rental & Leasing Services $1,125,515,366 811 Repair & Maintenance $253,207,429 Transportation 533 Lessors of Nonfinancial $2,255,429 812 Personal & Laundry $85,187,307 488 Support Activities for $51,297,711 Intangible Assets, etc. Services Transportation 813 Religious, Grantmaking, $7,532,113 Civic, Professional, & etc. 814 Private Households $4,451 921 Executive, Legislative, & etc. $272,134 922 Justice, Public Order, $927,804 & Safety Activities 923 Administration of Human $599,148 sales retail taxable Resource Programs 924 Administration of $33,567 Environmental Quality Programs 925 Administration of Housing $74 Programs, etc. 926 Administration of Economic $477,136 Programs 928 National Security & $170 International Affairs COUNTY TOTAL $33,515,334,799 Source: Nevada Department of Taxation. *Calendar Year. The Las Vegas Premium Outlets - North features 150 outlet stores offering shoppers the largest collection of designer brands at a unique outdoor setting with savings of 25 to 65 percent every day. Photo by Ryan Reason. retail » taxable retail sales 139 09-retail.indd 139 3/18/14 10:54 AM 2014 Las Vegas Perspective RETAIL Shopping Destinations SHOPPING DESTINATION 1 Boulevard Mall 7 5 2 Container Park 18 3 Crystals 17 10 8 13 4 The District at Green Valley Ranch 22 5 The Esplanades at Wynn & Encore 19 6 Fashion Outlets of Las Vegas (Primm) 3 16 7 Fashion Show Mall 8 Forum Shops at Caesars 9 Galleria at Sunset 14 15 10 Grand Canal Shoppes at the Venetian 20 11 2 11 Las Vegas Premium Outlets - North 12 Las Vegas Premium Outlets - South 13 The Linq 1 14 Mandalay Place 15 Meadows Mall DETAIL OF LAS VEGAS 16 Miracle Mile Shops at Planet Hollywood STRIP SHOWN Resort AT RIGHT 17 Mirage Street of Shops 18 The Shoppes at The Palazzo 21 9 19 The Shops at The Cosmopolitan 12 20 Tivoli Village 21 Town Square 22 Via Bellagio 4 6 MALL / MAJOR TENANTS YEAR BUILT SQUARE FT MALL / MAJOR TENANTS YEAR BUILT SQUARE FT.
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