- September 27, 2019

Sales Tax Numbers In

by Jackson Hole Radio News

Based on sales and use tax collections, total taxable sales in Wyoming grew 7.8 percent to $4.7 billion during the second quarter of 2019. Increases occurred in most economic industries, with the fastest growth in financial activities sector which mostly reflects sales in automotive, machinery and equipment rental and leasing, experiencing a year-over-year expansion of 25.3 percent. However, things were not quite as rosy in this part of the state. Visitations to Yellowstone and Grand Teton National Parks were down slightly and lodging sales for the second quarter were 15.5 percent lower than a year ago in Teton County. Statewide, they were 0.7 percent lower. The annual percentage of change in taxable sales in Teton County rose by 2.2%, but dropped 22.9% in Sublette County. Economists in Teton County look anxiously to the months ahead as the sales change in Teton County’s winter season is mainly driven by ski activities.