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.

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.