Strong sales in construction and of building materials, garden equipment, and supplies during the third quarter of 2019 boosted the state’s taxable retail sales 7 percent, reaching $47.9 billion total, according to the Washington State Department of Revenue.
Taxable retail sales are transactions subject to the retail sales tax, including sales by retailers, the construction industry, manufacturing, and other sectors.
Retail trade, a subset of all taxable retail sales in the state, also increased by 6 percent to $19.7 billion. Retail trade includes sales of items such as clothing, furniture, and automobiles, but excludes other industries, such as services and construction.
Additional highlights include:
- Construction rose 10 percent to $10.4 billion.
- Sales of building materials, garden equipment, and supplies increased 4.3 percent to $2.1 billion.
- Miscellaneous retailers’ sales increased 24.3 percent to $3 billion.
- Apparel and accessories sales rose 5.4 percent to $1.3 billion.
- Taxable retail sales reported by new and used auto dealers decreased 3.1 percent to $3.6 billion.
Thumbnail photo courtesy Pictures of Money via Flickr.