Compiled by/The Independent Staff
Chewelah’s second quarter 2016 taxable retail sales came in at $9.5 million – a 6.7 percent increase over the same period one year ago – according to data released last month by the state’s Department of Revenue.
At the same time, taxable retail sales in Colville increased by 0.4 percent to $53.4 million and sales across all of Stevens County were up 6.1 percent at $112.1 million.
Washington state’s taxable retail sales reached $36.8 billion in the second quarter of 2016, an increase of 8.6 percent over the same quarter (April – June) in 2015. Retail trade, which is a subset of all taxable retail sales, rose nearly 5.2 percent to a total of $15.8 billion.
These figures are part of a quarterly report released today by the Washington State Department of Revenue (Revenue). The Quarterly Business Review compares the same quarter year-over-year to equalize any seasonal effects that would influence consumer and business spending decisions.