Nevada Retail Sales to Increase 5.2% in 2013

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The Retail Association of Nevada (RAN) forecasts state retail sales will increase 5.2% in 2013 or 2.2% higher than the national average, reports the Retail Association of Nevada. “We witnessed strong growth in retail sales throughout the state in 2012, with the preliminary growth rate coming in 3.1-% higher than 2011’s 4.2% increase,” said RAN President Mary Lau“Many economic indicators affecting retail sales have shown significant improvements in the last year, and we expect these trends to continue in 2013.”