Apr 27, 201208:54 AMBlog

Taxable retail sales increased 3%

Apr 27, 2012 - 08:54 AM

Taxable retail sales increased 3 percent to $103.8 billion in calendar year 2011, the Washington State Department of Revenue reported today.

But while Pierce County's trade sector saw a slight uptick, its total taxable retail sales from 2010 to 2011 dropped by about 1 percent to roughly $10.5 billion. Thurston County taxable retail sales decreased by 1.23 percent to about $3.75 billion.

Meanwhile Lewis county increased its taxable retail sales from 2010 to 2011 by 1.85 percent to about $970 million in taxable retail sales. Mason County also slightly increased its taxable retail sales by 1.67 percent to about $501 million.

Many cities up north saw increased sales, including Kent with about $1.6 billion and Federal Way with about $1.2 billion.

Retail trade, a component of all taxable retail sales that includes retailers but excludes other industries, increased 3.5 percent over 2010 to $47.9 billion.

The 3 percent gain for 2011 compares to a 0.1 percent drop in overall sales in 2010 and an 11.2 percent drop in 2009.

Among major industries, construction was down 1.7 percent but still much better than the 12 percent decline in 2010.  New and used auto sales were up 8.3 percent compared to a 2.8 percent gain in 2010.  Accommodations and food services rose 5.1 percent, apparel and accessories increased 5.5 percent, and sales of building materials, garden equipment and supplies declined 0.3 percent.

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