Taxable Sales Decline
Sacramento, CA – A new state report shows that taxable sales declined in California and the Mother Lode during the second quarter of last year.
Taxable sales, which include transactions subject to sales or use taxes, dropped 19 percent in the state of California when compared to the same quarter of the previous year.
Taxable sales dropped in Tuolumne County 17.3 percent and in Calaveras County 20.6 percent.
Los Angeles County dropped 19.5 percent, Sacramento County fell 19.2 percent and San Francisco County was down 18.8 percent.
Alpine County actually increased taxable income by eight percent. The City of Manteca also reported a slight gain, increasing by 0.1 percent.
Written by bjhansen@mlode.com.