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Statewide, local taxable retail sales increase

Cheney Free Press of Cheney, Washington

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According to a state Department of Labor and Industries Nov. 9 news release, the state's taxable retail sales increased 9.4 percent in the second quarter (April 1 - June 30) over the same time period in 2014, reaching $33.9 billion. Figures for the retail trade industry, a subset of all taxable retail sales made in the state, revealed an 8 percent increase over 2014, comprising $15 billion of the state's total retail sales.

Snapshot figures showed sales of vehicles and auto parts increased 11.4 percent to $3.85 billion, purchases of building materials and gardening stores rose 11.38 percent to $1.76 billion while general merchandise stores reported an increase of 4.66 percent to $2.62 billion.

Spokane County showed a 5.78 percent increase in taxable retails sales, $2.15 billion, with retail trade increasing 8.11 percent, $1.08 billion. The highest increase occurred in Clark County, rising $14.98 billion.

Locally, Cheney's total taxable retail sales were $33.89 million in the second quarter of 2015, a 10.75 percent increase over 2014 while its taxable retail sales for the retailing industry rose 22.17 percent, $16.47 million. Airway Heights showed an 8.75 percent increase in total taxable retail sales in 2015 over 2014,

$47.87 million and 4.31 percent increase for the retailing industry, $28.36 million.

Over the same time period, Medical Lake's taxable retail sales rose 8.79 percent, $8.58 million while its total for the retailing industry increased 6.05 percent, $2.4 million.



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Original Publication Date: December 3, 2015



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