Taxable Sales Data Series
1st Quarter 2011

The Missouri Department of Revenue released preliminary taxable sales estimates for the 1st quarter of 2011. Over this period, approximately $16.9 billion in taxable sales occurred in the state, a slight decrease of 0.24% in actual dollars from the same quarter of 2010. This was the first year over year quarterly decline since the 1st quarter of 2010.

Analysis by MERIC shows that if seasonal and inflationary effects are removed from the data, real year-to-year changes in taxable sales during the 1st quarter of 2011 was -2.35%. This was the second straight quarterly decline following a gain in Q310 that had snapped a streak of 13 straight quarterly losses. This decline may have been attributed to extreme winter weather in January and February which temporarily shut down many regions of the state.


Quarterly Taxable Sales in Missouri
  Taxable Sales ($B) % Change from Year Ago Inflation & Seasonally Adjusted ($B-00) % Change from Year Ago (Adjusted)
2Q02 16.5 0.53% 15.7 -0.74%
3Q02 16.6 0.34% 15.5 -1.23%
4Q02 17.0 -0.86% 15.3 -2.99%
1Q03 15.0 0.06% 15.3 -2.73%
2Q03 16.6 0.75% 15.5 -1.39%
3Q03 17.0 2.78% 15.6 0.55%
4Q03 17.6 3.99% 15.6 2.07%
1Q04 15.9 5.93% 15.9 4.07%
2Q04 17.4 4.71% 15.7 1.81%
3Q04 17.7 4.14% 15.8 1.40%
4Q04 18.4 4.16% 15.8 0.81%
1Q05 16.6 4.65% 16.2 1.56%
2Q05 18.3 5.32% 16.1 2.30%
3Q05 18.4 3.78% 15.8 -0.05%
4Q05 19.5 6.06% 16.1 2.24%
1Q06 17.7 6.13% 16.6 2.39%
2Q06 19.3 5.45% 16.3 1.38%
3Q06 19.2 4.16% 16.0 0.81%
4Q06 19.8 1.37% 16.0 -0.56%
1Q07 18.2 2.89% 16.6 0.43%
2Q07 19.6 1.59% 16.2 -1.03%
3Q07 19.6 2.09% 15.9 -0.28%
4Q07 20.1 1.85% 15.7 -2.04%
1Q08 18.2 -0.05% 16.0 -3.96%
2Q08 19.5 -0.50% 15.4 -4.70%
3Q08 19.5 -0.55% 15.0 -5.56%
4Q08 19.4 -3.38% 14.9 -4.92%
1Q09 17.2 -5.01% 15.2 -4.97%
2Q09 18.3 -6.26% 14.6 -5.15%
3Q09 18.1 -7.10% 14.2 -5.56%
4Q09 18.9 -3.05% 14.3 -4.42%
1Q10 16.9 -1.87% 14.5 -4.39%
2Q10 18.4 0.44% 14.5 -0.92%
3Q10 18.5 2.15% 14.4 1.08%
4Q10 19.0 0.72% 14.2 -0.82%
1Q11 16.9 -0.24% 14.2 -2.35%

 




 

 

 


Source: Economy.com

 


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