3Q retail sales dropped 11.6 percent in Washington state; 3rd largest decrease on record
By APThursday, January 14, 2010
3Q retail sales in Wash. dropped 11.6 percent
OLYMPIA, Wash. — The state Department of Revenue says taxable retail sales in Washington dropped to $26.4 billion in the third quarter of this year. That’s a 11.6 percent drop from the same period last year.
The state said Thursday that the July-through-September sales decline is the third largest one on record. Sales dropped 14 percent during the second quarter of 2009 and 12.8 percent during the first quarter of 2009.
Two of the biggest drops were in retail sales from construction, down 25 percent, and miscellaneous retailers, down 19.1 percent.
Filed under: Economy
Tags: North America, Olympia, Retail And Wholesale Sector Performance, United States, Washington
Tags: North America, Olympia, Retail And Wholesale Sector Performance, United States, Washington
YOUR VIEW POINT