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Home » Local News » State’s retail sales up 7.4 percent in most recent state report

State’s retail sales up 7.4 percent in most recent state report

February 13, 2017
TCAJOB Staff

Washington state’s taxable retail sales increased 7.4 percent in the third quarter of 2016 over the same quarter in 2015, reaching $38.5 billion. Retail trade, which is a subset of all taxable retail sales, rose 5.8 percent to $16.33 billion.

These figures are part of a quarterly report released this month by the Washington State Department of Revenue.

Benton County’s retail sales grew to $967.3 million, or 1.6 percent, and Franklin County’s to $367 million, or 8 percent, over the same quarter last year.

Kennewick’s total dipped 2.6 percent to $510 million, while Pasco’s increased 11.3 percent to $324.9 million and Richland grew 6.7 percent to $310.6 million.

Here’s a statewide snapshot of taxable retail sales activity:

  • Sales reported by new and used auto dealers increased 6.9 percent, reaching $3.36 billion.
  • Lawn and garden supplies and equipment sales rose by 17.3 percent to $176.9 million
  • Drug and health stores’ sales rose 19.6 percent, reaching $672 million.
  • Taxable e-commerce and mail order sales increased 10.5 percent to $663 million.

The taxable retail sales figures compare the same quarter year-over-year to equalize any seasonal effects that would influence consumer and business spending decisions.

The Department of Revenue in Washington collected $22.4 billion in tax revenues in fiscal year 2016. These funds support education, social services, health care, corrections, public safety, natural resources conservation and other public services.

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