City of Las Vegas Employment
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Employment
Feb '21
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281,288
Unemployment Rate Comparison
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Unemployment Rate
Feb '21
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9.4%
Source: Bureau of Labor Statistics - Local Area Unemployment Statistics
Clark County Taxable Retail Sales
| Trailing 12-Months | ||||||
|---|---|---|---|---|---|---|
| Share of Total | Jan '20 | Jan '21 | Net Change | % Change | ||
| Taxable Retail | 100.0% | $47,772.9M | $41,111.4M | -$6,661.6M | -13.9% | |
| Food Services and Drinking Places | 516694847.0000000000 | |||||
| Motor Vehicle and Parts Dealers | 413476041.0000000000 | |||||
| General Merchandise Stores | 281110259.0000000000 | |||||
| Merchant Wholesalers, Durable Goods | 242087895.0000000000 | |||||
| Clothing and Clothing Accessories Stores | 180367624.0000000000 | |||||
| Building Material and Garden Equipment & Supplies | 179195828.0000000000 | |||||
| Miscellaneous Store Retailers | 125181973.0000000000 | |||||
| Food and Beverage Stores | 118660948.0000000000 | |||||
| Rental and Leasing Services | 88507618.0000000000 | |||||
| Furniture and Home Furnishings Stores | 80571663.0000000000 | |||||
Source: Nevada Department of Taxation
Commercial Real Estate Market
Office Market
Q4 '20
Vacancy Rate
15.3%
- 2.3% vs. Prior Yr.
- 0.9% vs. Prior Qtr.
Lease Rate
$2.03
- -1.6% vs. Prior Yr.
- 0.5% vs. prior Qtr.
Retail Market
Q4 '20
Vacancy Rate
7.0%
- 0.2% vs. Prior Yr.
- 0.1% vs. Prior Qtr.
Lease Rate
$1.83
- -1.4% vs. Prior Yr.
- -3.9% vs. Prior Qtr.
Industrial Market
Q4 '20
Vacancy Rate
6.0%
- 0.0% vs. Prior Yr.
- 0.2% vs. Prior Qtr.
Lease Rate
$0.71
- 3.1% vs. Prior Yr.
- 1.0% vs. Prior Qtr.
Housing Market
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Existing Home
$308K
Jan '21
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New Home
$435K
Jan '21
Home Closings
Existing Home
New Home
Source: SalesTraq
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Existing Home
1,073
Jan '21
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New Home
115
Jan '21
Permits
Total Permits
Permit Value
Source: SalesTraq
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Total Permits
200
Feb '21
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Permit Value
$66M
Feb '21
Vacant Land Transactions
Acres Sold
Q4 '20
226.6
- -27.7% vs. Prior Yr.
- 523.9% vs. Prior Qtr.
Total Value
Q4 '20
$133,371,503
- -27.1% vs. Prior Yr.
- 725.0% vs. Prior Qtr.
Price Per Square Foot
Q4 '20
$13.51
- 0.8% vs. Prior Yr.
- 32.2% vs. Prior Qtr.