TAXABLE SALES REPORTED TO WYOMING’S Department of Revenue and Taxation in June totaled $91.6 million, 2.9% more than the amount reported in June 2018. A one- to two-month lag separates actual sales and when taxes are reported by the state, so June’s number generally reflects sales in give-or-take April/May, the first hint of the summer season. June marked the 27th consecutive month of total taxable sales growth versus the same month in the previous year. During the fiscal year ending in June, all of Teton County’s taxable sales totaled $1.57 billion, up 5.5% over 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 June totaled $38 million, a 6.6% increase versus the amount reported in June 2018. Retail sales reported during the fiscal year ending in June totaled $568 million, a hefty 10% increase over the previous 12 months.

Source: State of Wyoming

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