TAXABLE SALES REPORTED TO WYOMING’S Department of Revenue and Taxation in December totaled $117.5 million, a healthy 12.9% increase over the amount reported in December 2020. A lag of about a month separates actual sales and when taxes are reported by the state, so December’s number generally reflects sales in November, traditionally one of the two slowest months of the year (along with April).

The $118 million figure was easily the highest December figure in Teton County’s history.

For the calendar year 2021 all of Teton County’s taxable sales totaled $2.137 billion, 40% higher than during the previous 12 months and the county’s all-time record sales figure. Following on the heels of the previous three months, it also marks the only the fourth time in Teton County’s history that we’ve broken the $2 billion sales mark in a 12-month period.

Source: State of Wyoming

LOOKING AT LONG-TERM TAXABLE SALES trends, the graph above shows the 12-month running totals of Teton County’s total taxable sales since the report of December 1998.

The December 2021 number was so strong that the 12-month running total figure set an all-time high for the eighth consecutive month (the previous high was reported in March 2020). In short the pandemic crushed the local taxable sales economy for about half a year, and since then it’s come roaring back, smashing records on a monthly basis.

Source: State of Wyoming

RETAIL SALES ARE THE BIGGEST CATEGORY of Teton County’s total taxable sales. Retail sales reported in December totaled $60.9 million, 22.6% higher than the figure reported in December 2020 and the highest December figure in the county’s history.

Retail sales reported during the fiscal year ending in December totaled $842.6 million. This is the highest-ever total for Retail, a 37% increase over the previous 12 months, and only the fourth time total Retail sales have exceeded $800 million in one fiscal year (the previous three months were the first).

Source: State of Wyoming

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