News

Second quarter taxable retail sales reach $29 billion | Washington State Department of Revenue

Taxable retail sales statewide in the second quarter of 2013 jumped 8.3 percent over the same period in 2012, according to a report released by the Washington State Department of Revenue. Total taxable retail sales between April 1 and June 30, 2013 reached $29 billion.

Retail trade during this year’s second quarter hit $13.1 billion, a 7.3 percent increase from the second quarter of 2012. Retail trade is a subset of total taxable retail sales, which includes retailers but excludes industries such as manufacturing, agriculture and construction.

Taxable sales rose in most categories in the second quarter:

  • Construction increased to $4.7 billion (18.6 percent)
  • New and used car sales hit $2.5 billion (13.6 percent)
  • E-commerce and mail order purchases rose to $374.0 million (22.1 percent)
  • Building materials, garden equipment and supplies grew to $1.5 billion (12.2 percent)
  • General merchandise stores tallied $2.4 billion (2.9 percent)
  • Accommodations and food services reached $3.4 billion (6.1 percent)

 

Taxable retail sales have nearly recovered to second quarter 2008 levels, when they last topped $29 billion dollars.

Second quarter 2013 results for the most populous counties

 

Taxable retail sales

Percent change

Retail trade

Percent change

King

$11.3 billion

7.1

$4.5 billion

6.0

Pierce

$3 billion

10.6

$1.6 billion

9.6

Snohomish

$2.7 billion

8.3

$1.4 billion

7.0

Spokane

$1.9 billion

8.3

$962 million

9.0

Clark

$1.2 billion

9.7

$550 million

8.8

 

 

First quarter 2013 results for cities with the most sales

 

Taxable retail sales

Percent change

Retail trade

Percent change

Seattle

$4.5 billion

6.2

$1.4 billion

5.4

Bellevue

$1.3 billion

1.5

$634 million

-0.2

Tacoma

$1.1 billion

5.9

$517 million

2.3

Spokane

$1.0 billion

6.8

$480million

6.1

Vancouver

$682 million

9.6

$305 million

11.6

 

More detailed information about taxable retail sales and retail trade by county and city, as well as a breakdown of sales statewide by major industry, are posted on Revenue’s Quarterly Business Review page: http://dor.wa.gov/Content/AboutUs/StatisticsAndReports/2013/qbr213/default.aspx.

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

Read the latest Green Edition

Browse the print edition page by page, including stories and ads.

Aug 27 edition online now. Browse the archives.