City of Las Vegas Employment
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Employment
Sep '20
-
265,162
Unemployment Rate Comparison
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Unemployment Rate
Sep '20
-
14.1%
Source: Bureau of Labor Statistics - Local Area Unemployment Statistics
Clark County Taxable Retail Sales
| Trailing 12-Months | ||||||
|---|---|---|---|---|---|---|
| Share of Total | Aug '19 | Aug '20 | Net Change | % Change | ||
| Taxable Retail | 100.0% | $46,360.7M | $42,926.2M | -$3,434.5M | -7.4% | |
| Food Services and Drinking Places | 18.6% | $10,809.1M | $7,973.6M | -$2,835.5M | -26.2% | |
| Motor Vehicle and Parts Dealers | 11.1% | $5,034.9M | $4,775.8M | -$259.1M | -5.1% | |
| General Merchandise Stores | 8.6% | $3,690.8M | $3,677.5M | -$13.3M | -0.4% | |
| Merchant Wholesalers, Durable Goods | 7.0% | $3,112.3M | $3,008.6M | -$103.7M | -3.3% | |
| Clothing and Clothing Accessories Stores | 6.0% | $3,417.4M | $2,593.6M | -$823.8M | -24.1% | |
| Building Material and Garden Equipment & Supplies | 4.7% | $1,843.7M | $2,003.5M | $159.9M | 8.7% | |
| Food and Beverage Stores | 3.4% | $1,350.6M | $1,479.1M | $128.5M | 9.5% | |
| Rental and Leasing Services | 3.4% | $1,723.9M | $1,470.4M | -$253.6M | -14.7% | |
| Miscellaneous Store Retailers | 3.0% | $1,299.6M | $1,308.4M | $8.8M | 0.7% | |
| Furniture and Home Furnishings Stores | 1.9% | $851.2M | $800.3M | -$50.9M | -6.0% | |
Source: Nevada Department of Taxation
Commercial Real Estate Market
Office Market
Q3 '20
Vacancy Rate
14.3%
- 1.0% vs. Prior Yr.
- 1.3% vs. Prior Qtr.
Lease Rate
$2.02
- -2.2% vs. Prior Yr.
- -1.4% vs. prior Qtr.
Retail Market
Q3 '20
Vacancy Rate
6.8%
- -0.3% vs. Prior Yr.
- 0.7% vs. Prior Qtr.
Lease Rate
$1.89
- -1.7% vs. Prior Yr.
- 3.1% vs. Prior Qtr.
Industrial Market
Q3 '20
Vacancy Rate
6.1%
- -0.5% vs. Prior Yr.
- 0.1% vs. Prior Qtr.
Lease Rate
$0.70
- 2.4% vs. Prior Yr.
- 2.3% vs. Prior Qtr.
Housing Market
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Existing Home
$290K
Aug '20
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New Home
$479K
Aug '20
Home Closings
Existing Home
New Home
Source: SalesTraq
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Existing Home
171
Aug '20
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New Home
1,229
Aug '20
Permits
Total Permits
Permit Value
Source: SalesTraq
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Total Permits
212
Sep '20
-
Permit Value
$74M
Sep '20
Vacant Land Transactions
Acres Sold
Q2 '20
399.6
- 689.3% vs. Prior Yr.
- 303.4% vs. Prior Qtr.
Total Value
Q2 '20
$103,493,689
- 444.4% vs. Prior Yr.
- 265.2% vs. Prior Qtr.
Price Per Square Foot
Q2 '20
$5.95
- -31.0% vs. Prior Yr.
- -9.5% vs. Prior Qtr.