TAXABLE SALES REPORTED TO WYOMING’S Department of Revenue and Taxation in September totaled $207.6 million, an 11.2% increase over the amount reported in September 2018. A one- to two-month lag separates actual sales and when taxes are reported by the state, so September’s number generally reflects sales in, give or take, August and is historically the second-strongest sales-reporting month of the year. During the fiscal year ending in September, all of Teton County’s taxable sales totaled $1.60 billion, 6.6% higher than during the previous 12 months.

Source: State of Wyoming

LOOKING AT LONGER-TERM TAXABLE SALES trends, the graph above shows the 12-month running totals of Teton County’s total taxable sales since February 1998. In the past decade-plus, total taxable sales peaked in the fall of 2008, went into a precipitous decline until summer 2010 and then stayed relatively flat until the fall of 2011. Since early 2013, total sales have been growing steadily: Between January 2013 and last month, total taxable sales have grown 62%, a compounded annual rate of 7.8%.

Source: State of Wyoming

RETAIL SALES ARE THE BIGGEST CATEGORY of Teton County’s total taxable sales. Retail sales reported in September totaled $71.5 million, up 16.3% from a year ago. Retail sales reported during the fiscal year ending in September totaled $587 million, up 11.3% over the previous 12 months.

Source: State of Wyoming

Contact Jennifer Dorsey at jennifer@jhnewsandguide.com or 732-5908.

Jennifer Dorsey is chief copy editor and Business section coordinator. She worked in Washington, D.C., and Chicago before moving to the Tetons.

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