Monday, March 29, 2010

Retail sales jump

The volume of retail sales in Marin has finally turned upwards after 18 months of recording year-on-year declines.

Distributions of the 1% sales tax allocated to Marin's cities in March 2010 totaled $2.59 million, or +21.5% up on March 2009's $2.13m, and takes the county back to the same amount that was distributed in March 2008.

It's the first positive year-on-year change since the +1.5% increase in August 2008.

A reminder that taxes distributed to Cities in March represent retail sales that occurred over the 2009 holiday period.

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