MERIC NEWS LETTER

Taxable Sales in Missouri Increased in the 2nd Quarter

The Missouri Department of Revenue (DOR) recently released preliminary taxable sales estimates for the 2nd quarter of 2005. Over this period, $18.2 billion in taxable sales occurred in the state, an increase of 4.5% in actual dollars from the same quarter of 2004.

Analysis by MERIC shows that if seasonal and inflationary effects are removed from the data, real year-to-year growth in taxable sales during the 2nd quarter of 2005 was 1.55%. This is a faster rate of increase than the revised 1.45% in the 1st quarter of 2005. The state has experienced year-over-year growth in taxable sales for the last eight consecutive quarters.

                                         LINE


Contact Us                                                       MERIC Home