Second quarter retail sales up 8.6 percent in Washington

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.

  • Thursday, November 10, 2016 6:30am
  • Business

The following is a release from the Washington State Department of Revenue:

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.

Statewide snapshot of taxable retail sales activity

• Taxable e-commerce and mail order sales increased 14.6 percent to $638 million.

• Drug and health stores’ sales rose 13.6 percent, reaching $633 million.

• Sales reported by RV, boat and motorcycle dealers jumped 10.2 percent, reaching $491 million.

• New and used auto dealers’ sales rose 8.5 percent to $3.24 billion.

• Department store retail sales dropped 2 percent, marking $687 million for the quarter.

More in Business

Networking to recession proof your career

Make a networking plan for yourself. You don’t have do it all in one day.

A new decade begins with low inventory in housing market

While inventory is tighter than usual, there are still good homes on the market.

Country Village closure prompts change during holiday season

People now turn to Bothell and Kenmore events for continued tradition.

Adding cultural competency skills can recession proof your career

Cultural competency is the ability to acknowledge, respect and understand individuals and groups from different cultures and with different perspectives.

Boeing Renton plant to halt 737 Max production

Suspension expected to begin in January

Decreased inventory for buyers in local real estate market

During the season, many sellers don’t want to get their holidays interrupted by the selling process.

Business alliance serves women of African diaspora in King County

Nourah Yonous launched the African Women Business Alliance in 2017 to find ways to lift women up.

Bob Toomey
Lessons in long-term planning from an anniversary

A column from a financial adviser.

Winter chill begins to settle into real estate market

While there was an uptick in new listings, pending home sales and sold properties the last two months, things are quieting down.

Bothell and Kenmore real estate market transitions into fall

There may be less competition than last year but well-priced homes in great locations can still garner more than one offer.

BECU to expand Northshore presence with new financial center in Bothell

Local credit union to open new Neighborhood Financial Center next spring

Business networking open house coming to Kenmore Oct. 3

The event is sponsored by the city and the Bothell-Kenmore Chamber of Commerce.