City sales tax revenue showed some positive activity in August.
Consumer spending this spring in Sioux Falls held steady in some categories and got a little stronger in others, according to the city’s most recent financial report.
Sioux Falls saw slightly better sales tax growth in April, but the year remains below expectations.
Sales were flat or showing declines in almost all major sectors in Sioux Falls to begin the year.
In November, Sioux Falls sales tax growth edged ahead of last year for the first time in three months.
For the second consecutive month, Sioux Falls sales tax revenue is tracking behind last year.
Consumers seemed to be pulling back on spending to end the summer, according to the latest financial report from the city of Sioux Falls.
Sales tax revenue in Sioux Falls showed a slight rebound in August but not enough to meet the city’s budgeted increase.
City sales tax revenue is ahead of last year, but there are signs consumers might be pulling back on spending.
Sales and entertainment tax revenue didn’t show growth on a year-over-year basis in Sioux Falls last month.
