Tag Archives: department of revenue

Kitsap retail sales up 10 percent in first quarter

Retail sales increased 9.7 percent in Kitsap County during the first three months of the year, outpacing the statewide growth in sales.

shoes6_22899584_ver1.0_640_480Kitsap establishments reported $914 million in taxable sales in the first quarter of 2016, compared with $834 million in the first quarter of 2015, according to the state Department of Revenue.

Retail trade sales (subset of retail sales that includes transactions made by dealerships, stores and other businesses selling merchandise directly to consumers) were up 6.7 percent, marking the largest percentage increase in the region.

Statewide, retail sales grew 8.9 percent in the first quarter and retail trade sales grew 5.1 percent.

Here’s a chart showing sales growth in Puget Sound area counties:

Sales by industry

Major retail trade industries reporting increased sales included auto dealers and parts stores (up 12.4 percent), building and garden material suppliers (up 10.7 percent),  drug and health stores (up 31.3 percent), and sporting goods, toys, book and music stores (up 7.1 percent).

General merchandise stores experienced a 1.5 percent dip in sales, after enjoying a strong fourth quarter.

Outside of retail trade, building construction climbed 24.7 percent, manufacturing 7.1 percent, wholesale trade 16.5 percent, and accommodations and food services 12.5 percent.

Here’s a full breakdown of sales by industry (click the full screen button to avoid squinting):

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 up 8 percent in first quarter

Retail sales got off to a fast start in Kitsap in 2015.

Taxable sales in the county were up 8.1 percent in the first quarter of the year, compared with the same period of 2014, according to the Department of Revenue. That was just shy of the 9 percent growth recorded statewide.

Retail trade sales (sales made by stores, dealerships and other sellers of goods) were up 8.2 percent in Kitsap, outpacing statewide growth.

Retail trade sales in Kitsap are now higher than they were before the recession. Sales in other industries, like construction, manufacturing, and hospitality, are still catching up.

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:

Retail sales continued to climb in 2014

shoopersWe now have retail sales data for the first three quarters of 2014, and the numbers are looking good.

Taxable sales across all industries were 7.5 percent higher during the third quarter of 2014 than during the same months of 2013, according to a report from the Department of Revenue.

Retail trade sales (sales made by traditional stores, dealerships, online sellers, etc.) were up by 5.7 percent.

This was the first quarter taxable sales for recreational marijuana were included in DOR’s report. Those totaled about $1.5 million in Kitsap for all of 2014.

We’ll find out how retailers faired during the holiday season, and 2014 as a whole, when fourth quarter numbers are released this summer.

Here are charts showing sales over the first three quarters of 2014, as well as longterm sales trends in the county:

Retail sales picked up across Kitsap in 2013

Some are still digging out from the recession, some are reaching new heights, but all Kitsap cities reported growth in retail sales last year.

The chart below shows total taxable sales by year, as reported to the state Department of Revenue, which released fresh figures from 2013 last week.

These sales include stores, along with many services, and industries like construction and hospitality. Wave your pointer over the lines to see exact values:

Growth was rampant in Port Orchard, which posted 17 percent gain in sales between 2012 and 2013. Bremerton recorded the slowest growth but is still trending upward.

The Department of Revenue also broke out retail trade statistics for 2012 and 2013. Retail trade includes stores, dealerships and online sellers and excludes services and industries like construction.

Here’s a look at just retail trade sales by city: Continue reading →

Holiday retail sales in Kitsap rivaled pre-recession highs

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The 2013 holiday season was kind to Kitsap retailers, according to number released Tuesday by the state Department of Revenue.

Retail trade, which includes traditional stores, dealerships and online sellers, generated $487,117,141 in taxable sales in October, November and December. That was a 5 percent improvement over the fourth quarter of 2012. Car dealers, blog.retail2furniture stores, sporting goods suppliers and e-commerce, did especially well.

Sales for all industries were up 6.4 percent from 2012, totaling $895,050,130. Industries showing healthy growth included manufacturing, construction, information (software, telecom, print and other media) and restaurants.

Kitsap sales were in step with the rest of Washington, which saw a 5.8 percent rise in overall sales in the fourth quarter.

The long-term trend is positive for our county. Fourth quarter retail trade sales have climbed steadily since 2008 and are close to matching the pre-recession high of $493,353,867 recorded in 2006.

Fourth quarter sales in all industries have been on the rise since 2009 and are also closing in on a 2007 high of $925,280713.

Kitsap also enjoyed a 6 percent rise in third quarter sales last year.

A detailed breakdown of fourth quarter retail sales in Kitsap for 2012 and 2013 is posted below. Use the zoom or full screen buttons at the bottom so you don’t have to squint: Continue reading →

Third quarter retail sales up from 2012

blog.retail

Taxable retail sales in Kitsap County for the third quarter of 2013 were up 6 percent compared to 2012.

A total of $865 million in taxable sales were made in the county in July, August and September, according to a report released Tuesday by the state Department of Revenue. That included $455 million from retail trade, a gain of 5 percent from the third quarter of 2012. Retail trade includes businesses like auto dealerships, stores and online sellers.

Statewide, third quarter taxable retail sales were up 7.6 percent from 2012 to 2013. Numbers from auto dealers and the construction industry were especially strong.

“The increase in taxable retail sales was driven by auto sales and new construction,” Revenue Director Carol K. Nelson said in a news release. “This increase in spending shows that consumer confidence in Washington continues to improve and is at its highest level since the Great Recession.”

In Kitsap, sales of motor vehicles and parts rose from $101 million in the third quarter of 2012 to nearly $109 million in 2013. Taxable sales from the construction industry jumped $109 million to $125 million in 2013.

A breakdown of third quarter taxable sales for Kitsap is posted below with a comparison to 2012: Continue reading →