Newstalk KBKW

Washington State Taxable Retail Sales Increase 5.6% in Fourth Quarter 2012

OLYMPIA, Wash. - Taxable retail sales increased 5.6 percent to $29.5 billion during the fourth quarter of 2012 compared to the same period in 2011, the Washington State Department of Revenue reported this week.

Retail trade, a subset of all sales that excludes non-retail sectors such as construction and services, rose 4.9 percent to $14.0 billion.

Among major industries, construction was up 9.6 percent to $4.7 billion, accommodations and food services increased 7.0 percent to $3.1 billion, motor vehicles and parts rose 10.3 percent to $2.9 billion, and general merchandise stores were up 1.3 percent to $3.1 billion.

Results for the most populous counties:

Taxable retail sales

% change

Retail trade

% change

King

$11.6 billion

6.6%

$4.9 billion

5.3%

Pierce

$3.0 billion

7.9%

$1.6 billion

5.9%

Snohomish

$2.8 billion

6.8%

$1.6 billion

6.0%

Spokane

$1.9 billion

3.1%

$997 million

4.6%

Clark

$1.2 billion

5.3%

$564 million

4.8%

Results for cities with the most sales:

Taxable retail sales

% change

Retail trade

% change

Seattle

$4.6 billion

6.8%

$1.5 billion

4.1%

Bellevue

$1.4 billion

5.7%

$748 million

7.6%

Tacoma

$1.1 billion

7.9%

$565 million

4.2%

Spokane

$1.1 billion

7.4%

$523 million

5.6%

Vancouver

$678 million

4.1%

$316 million

3.6%

Taxable retail sales and retail trade by county and city, and a breakdown of sales statewide by industries are available at http://dor.wa.gov/Content/AboutUs/newsroom/2013/trs-q42012.aspx

http://dor.wa.gov/Content/AboutUs/newsroom/2013/trs-q42012.aspx.

Results for all counties and selected cities, including breakdowns of sales by industry sector, are available at http://dor.wa.gov/Content/AboutUs/StatisticsAndReports/2012/qbr412/default.aspx.

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