City of Henderson
Current
Economic
Update
As of August 15, 2020
1
Henderson Employment
Unemployment Comparison
- United States
- Las Vegas MSA
- Henderson
Source: U.S. Bureau of Labor Statistics
| Trailing 12-Months ($ Millions) | |||||
|---|---|---|---|---|---|
| Clark County Taxable Retail Sales Category | Share of Total |
May '19 | May '20 | Net Change |
% Change |
| Taxable Retail Sales | 100.0% | $45,618.5 | $44,383.8 | -$1,234.8 | -2.7% |
| Food Services and Drinking Places | 20.5% | $10,487.2 | $9,119.4 | -$1,367.8 | -13.0% |
| Motor Vehicle and Parts Dealers | 10.7% | $5,033.3 | $4,750.5 | -$282.8 | -5.6% |
| General Merchandise Stores | 8.3% | $3,660.2 | $3,672.0 | $11.9 | 0.3% |
| Merchant Wholesalers, Durable Goods | 6.8% | $3,007.9 | $3,039.1 | $31.2 | 1.0% |
| Clothing and Clothing Accessories Stores | 6.4% | $3,400.6 | $2,835.5 | -$565.1 | -16.6% |
| Nonstore Retailers | 5.1% | $1,149.7 | $2,272.9 | $1,123.2 | 97.7% |
| Building Material and Garden Equipment & Supplies | 4.4% | $1,830.4 | $1,940.9 | $110.6 | 6.0% |
| Rental and Leasing Services | 3.7% | $1,640.6 | $1,649.5 | $8.9 | 0.5% |
| Food and Beverage Stores | 3.2% | $1,358.4 | $1,428.9 | $70.5 | 5.2% |
| Miscellaneous Store Retailers | 2.9% | $1,257.2 | $1,296.5 | $39.3 | 3.1% |
Source: Nevada Department of Taxation
Office Market
Henderson
15.9%
Vacancy Rate
Q1 '20
-1.1% vs. prior yr
0.3% vs. prior QTR
$2.10
Lease Rate
Q1 '20
-0.0% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
14.4%
$2.05
Retail Market
Henderson
6.4%
Vacancy Rate
Q1 '20
-1.6% vs. prior yr
-0.1% vs. prior QTR
$1.66
Lease Rate
Q1 '20
8.9% vs. prior yr
-0.6% vs. prior QTR
Las Vegas Area
6.8%
$1.76
Industrial Market
Henderson
5.9%
Vacancy Rate
Q1 '20
0.8% vs. prior yr
1.3% vs. prior QTR
$0.78
Lease Rate
Q1 '20
11.1% vs. prior yr
12.7% vs. prior QTR
Las Vegas Area
7.1%
$0.67
Source: Applied Analysis