Taxable Sales Data Series
4th Quarter 2011

The Missouri Department of Revenue released preliminary taxable sales estimates for the 4th quarter of 2011. Over this period, approximately $19.9 billion in taxable sales occurred in the state, an increase of 4.58% in actual dollars from the same quarter of 2010. Given second quarter of 2011 taxable sales were revised up slightly, this quarter is now the 7th straight with a year over year percent increase in actual dollars.

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 4th quarter of 2011 was 1.27%. This was the second quarterly increase following three straight quarterly losses.


Quarterly Taxable Sales in Missouri
  Taxable Sales ($B) % Change from Year Ago Inflation & Seasonally Adjusted ($B-00) % Change from Year Ago (Adjusted)
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% 16.1 -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 17.1 1.11% 14.4 -1.02%
2Q11 18.8 2.33% 14.3 -1.00%
3Q11 19.2 3.78% 14.4 0.01%
4Q11 19.9 4.58% 14.3 1.27%

 

Quarterly Taxable Sales and Moving Average

Year to Year Percentage Change in Taxable Sales with Moving Average
 

 

US and Missouri Retail Sales Line Chart Comparison


Source: Economy.com

 


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