Taxable Retail Sales Decline 14 Percent during Second Quarter 2009

OLYMPIA – Oct. 9, 2009 – Taxable retail sales declined 14 percent to $25 billion during the second quarter of 2009 compared to the same period in 2008, the Washington State Department of Revenue reported today.

The April-through-June sales decline is the largest one on record. Sales dropped 12.8 percent during the first quarter of 2009, and 10.8 percent during the fourth quarter of 2008, the second- and third-largest declines since reliable records have been kept beginning in 1974.

Retail trade, a component of all taxable retail sales that includes retailers but excludes other industries such as services and construction, dropped 10.7 percent to $11.1 billion.

Among the largest industries, retail sales from construction dropped 26 percent to $4.3 billion; motor vehicle and parts dropped 21 percent to $2.3 billion; accommodations and food services dropped 5.2 percent to $2.7 billion; general merchandise stores declined 0.4 percent to $1.6 billion, the retail component of wholesale trade declined 18.8 percent to $1.9 billion, miscellaneous retailers dropped 17.3 percent to $1.2 billion, information services dropped 4.1 percent to $1.2 billion, and building materials, garden equipment and supplies dropped 11.5 percent to $1.3 billion.

 

Results for the most populous counties:

  Taxable retail sales % change Retail trade % change
King $9.6 billion -16.8% $3.8 billion -14.0%
Pierce $2.6 billion -14.1% $1.3 billion -11.7%
Snohomish $2.4 billion -14.8% $1.2 billion -11.4%
Spokane $1.7 billion  -9.0% $839 million  -8.6%
Clark $966 million -18.4% $456 million  -8.9%

 

Results for cities with the most sales:

  Taxable retail sales % change Retail trade % change
Seattle $3.8 billion -13.1% $1.2 billion -11.2%
Bellevue $1.1 billion -19.4% $512 million -18.4%
Spokane $948 million  -5.5% $447 million  -6.3%
Tacoma $947 million -13.3% $446 million -13.1%
Vancouver $555 million -18.2% $250 million  -9.3%

 

Taxable retail sales and retail trade by county and city, and a breakdown of sales statewide by industries are available at here.

Results for all counties and selected cities, including breakdowns of sales by industry sector, are available here.

 

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Contact:
Media information
(360) 534-1602
KimS@dor.wa.gov

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