Tag Archives: taxable sales

Kitsap retail sales climbed 7 percent in second quarter

shipping1_13446451_ver1-0_640_480Taxable retail sales reached $1.03 billion in Kitsap in the second quarter of the year, an increase of 7.3 percent from the same period of 2015.

Sales grew at a slower rate than in previous quarters.

Kitsap enjoyed an 8 to 11 percent year-over-year increase in sales in each of the past five quarters, according to the Department of Revenue.


Retail trade sales (sales made by stores, dealerships and other businesses selling merchandise to consumers) totaled $550 million in Kitsap in the second quarter of 2016, up 7.4 percent from 2015.

Here’s a look at how second quarter sales in Kitsap compared with other Puget Sound counties:

Sales by industry

Major retail trade industries reporting increased sales included auto dealers and parts stores (up 14.3 percent), building and garden material suppliers (up 11.6 percent),  drug and health stores (up 24.4 percent), and general merchandise stores (up 1 percent).

Outside of retail trade, construction climbed 13.3 percent and accommodations and food services rose 7.4 percent.

Here’s a full breakdown of sales by industry (click the full screen button so you won’t strain your eyeballs):

q.2.2016.retail by Tad Sooter on Scribd

Kitsap retail sales up 10 percent in fourth quarter

20051225-013527-pic-742444482Kitsap retailers had cause to celebrate during the 2015 holiday season.

The $1.03 billion in taxable retail sales reported by county businesses during the last three months of the year marked a 10.4 percent increase from the same period of 2014.

Kitsap posted the largest percent increase in fourth quarter sales of any county in the Puget Sound region, according stats from the state Department of Revenue. 

Retail trade sales — sales made by dealerships, stores and other businesses selling merchandise directly consumers — were up 7.7 percent.

Major retail trade industries reporting increased sales included auto dealers and parts stores (up 11.4 percent), building and garden material suppliers (up 12.5 percent), and general merchandise stores (up 5.1 percent).

Outside of retail trade, building construction was up an impressive 25.4 percent, manufacturing up 7 percent, wholesale trade 16.3 percent, information up 14.5 percent, and accommodations up 26.1 percent.

(Click here to see the year-over-year change in sales every industry in Kitsap.)

Annual sales

With the fourth quarter stats in hand we can now see how 2015 sales stacked up to previous calendar years.

Retail sales in Kitsap increased by 9.96 percent from 2014 to 2015, and 26 percent from five years ago.

Here’s a chart showing annual retail sales in Kitsap for the past five years:

Third quarter retail sales topped $1 billion

Taxable retail sales in Kitsap County topped $1 billion for the first time in the third quarter of 2015.

The $1.01 billion in sales reported from July through September marked a 9 percent increase from the same period of 2014, according to the Department of Revenue. 

Retail trade sales were also up about 9 percent in the third quarter, with $524 million reported. Retail trade sales are sales made by dealerships, stores, online sellers and other traditional retailers.

These were some third quarter highlights:

  • Sales by new and used auto dealerships were up 19 percent
  • Sales of building materials were up 8.6 percent
  • Sales by general merchandise stores were up 6 percent
  • Construction was up 9.25 percent
  • Wholesale trade was up 11.4 percent
  • Information was up 10.5 percent
  • Accommodations and food services up 8.9 percent

Kitsap’s growth in retail trade sales set the pace for Puget Sound counties in the third quarter:  

The jump in third quarter retail sales came on the heels of an 11 percent increase in second quarter sales. We should see sales figures from the fourth quarter of 2015 a few months from now.

Kitsap retail sales jumped 11 percent in second quarter

Q2.retail.graphicTaxable retail sales in Kitsap County took a big jump in the second quarter of 2015, increasing 11 percent from the same quarter of 2014.

That was the largest year-over-year jump in quarterly sales for the county since the start of the recession.

Sales totaled more than $963 million in the second quarter, according to the Department of Revenue. 

Statewide, retail sales reached $33.9 billion, marking a 9.4 percent increase from the same quarter of 2014.

Retail trade sales

retail trade sales

Sales reported by Kitsap’s retail trade industry in the second quarter were up 10 percent from the same period of 2014.

Retail trade accounted for about $512 million of Kitsap’s taxable sales in the second quarter.

Retail trade sales include sales made by stores, dealerships, online sellers and other traditional retailers.

County comparison

Here’s a look at how Kitsap’s second quarter sales stacked with other Puget Sound counties:

 

Kitsap highlights

The auto, building material and construction sectors continued their resurgence, posting double-digit increases from the second quarter of 2014.

Though a much smaller player by sales volume, manufacturing enjoyed a 19 percent increase in taxable sales.

Here’s a look at year-over-year growth for a few major industries in Kitsap:

Sales by industry

And finally, I’ve posted a full breakdown of second quarter retail sales by industry for Kitsap County:

Kitsap businesses enjoyed record-setting fourth quarter sales

The fourth quarter of 2014 was kind to Kitsap County retailers.

Taxable sales across all industries in Kitsap were up 4.26 percent in October, November and December of 2014, compared with the same months of 2013.

Retail trade sales (sales made by traditional stores, dealerships, etc.) were up 5.56 percent, according to numbers released Monday by the state Department of Revenue.

Retailers posting the largest revenue gains in 2014 included auto dealers, drug stores, building material sellers, home furnishing stores and e-commerce enterprises.

More impressive than the year-over-year gains, sales in the fourth quarter of 2014 actually topped pre-recession highs:

With the fourth quarter numbers in the books, we can see how 2014 stacked up against previous retail years. While retail trade sales have rebounded from the recession, other industries are still catching up: