City of Las Vegas Employment
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Employment
Apr '20
-
196,662
Unemployment Rate Comparison
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Unemployment Rate
Apr '20
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31.6%
Source: Bureau of Labor Statistics - Local Area Unemployment Statistics
Clark County Taxable Retail Sales
| Trailing 12-Months | ||||||
|---|---|---|---|---|---|---|
| Share of Total | Mar '19 | Mar '20 | Net Change | % Change | ||
| Taxable Retail | 100.0% | $44,998.7M | $46,860.4M | $1,861.8M | 4.1% | |
| Food Services and Drinking Places | 22.2% | $10,486.8M | $10,426.4M | -$60.4M | -0.6% | |
| Motor Vehicle and Parts Dealers | 10.6% | $4,940.3M | $4,966.5M | $26.2M | 0.5% | |
| General Merchandise Stores | 7.9% | $3,634.8M | $3,723.7M | $88.9M | 2.4% | |
| Merchant Wholesalers, Durable Goods | 6.7% | $2,923.0M | $3,118.2M | $195.3M | 6.7% | |
| Building Material and Garden Equipment & Supplies | 4.0% | $1,815.2M | $1,882.9M | $67.7M | 3.7% | |
| Food and Beverage Stores | 3.0% | $1,356.9M | $1,407.9M | $51.1M | 3.8% | |
| Rental and Leasing Services | 3.8% | $1,630.1M | $1,757.8M | $127.6M | 7.8% | |
| Clothing and Clothing Accessories Stores | 7.0% | $3,370.5M | $3,287.9M | -$82.6M | -2.5% | |
| Professional, Scientific, and Technical Services | 1.7% | $747.9M | $803.1M | $55.2M | 7.4% | |
| Miscellaneous Store Retailers | 2.9% | $1,220.9M | $1,342.0M | $121.1M | 9.9% | |
Source: Nevada Department of Taxation
Commercial Real Estate Market
Office Market
Q1 '20
Vacancy Rate
12.6%
- -1.5% vs. Prior Yr.
- -0.4% vs. Prior Qtr.
Lease Rate
$2.08
- 0.9% vs. Prior Yr.
- 0.0% vs. prior Qtr.
Retail Market
Q1 '20
Vacancy Rate
6.5%
- -0.7% vs. Prior Yr.
- -0.2% vs. Prior Qtr.
Lease Rate
$1.85
- -2.3% vs. Prior Yr.
- 0.3% vs. Prior Qtr.
Industrial Market
Q1 '20
Vacancy Rate
6.3%
- -0.1% vs. Prior Yr.
- -0.0% vs. Prior Qtr.
Lease Rate
$0.68
- -0.2% vs. Prior Yr.
- -0.2% vs. Prior Qtr.
Housing Market
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Existing Home
$264K
Jan '20
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New Home
$448K
Jan '20
Home Closings
Existing Home
New Home
Source: SalesTraq
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Existing Home
145
Jan '20
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New Home
903
Jan '20
Permits
Total Permits
Permit Value
Source: SalesTraq
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Total Permits
87
Apr '20
-
Permit Value
$23M
Apr '20
Vacant Land Transactions
Acres Sold
Q4 '19
313.3
- 82.1% vs. Prior Yr.
- 137.9% vs. Prior Qtr.
Total Value
Q4 '19
$182,891,742
- 104.6% vs. Prior Yr.
- 90.1% vs. Prior Qtr.
Price Per Square Foot
Q4 '19
$13.40
- 12.3% vs. Prior Yr.
- -20.1% vs. Prior Qtr.