Retail sales up in Sammamish, county, state
January 18, 2012
By Administrator
At least one economic indicator in Sammamish shows steady improvement, mirroring countywide and statewide trends.
The Washington State Department of Revenue reports taxable retail sales in Sammamish up 4.4 percent in the third quarter of 2011 compared to the same period in 2010. Retail trade, which excludes construction and measures only storefront sales, increased a bit more modestly over the same period – increasing by 1.8 percent.
King County and Washington State as a whole also saw a gradual warming of their economies in 2011. The county’s taxable retail sales were up by 4.8 percent and retail trade increased by 4 percent. Statewide, taxable retail sales increased by 3.2 percent and retail sales were up by 2.4 percent.
According to a department press release, several major industries saw increased business statewide, including construction, which rose by 1.4 percent – the first gain for this sector since the first quarter of 2008. Accommodations and food services rose by 5.3 percent and motor vehicles and parts were up 4.5 percent while general merchandise stores dropped 1.2 percent.
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