Retail Restaurant & Bar Total

TOTAL DOLLARS MONTHLY TAXABLE RETAIL SALES IN ARIZONA BY RETAIL & TOTAL (NOT SEASONALLY-ADJUSTED) Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 $4,266,546,189 $4,411,579,221 $4,377,759,067 $4,379,416,217 $4,946,733,266 $6,161,853,326 $4,587,283,612 $4,877,512,330 $5,506,076,284 $4,959,513,962 $818,043,251 $884,865,590 $910,760,653 $919,196,442 $1,005,163,099 $1,003,946,975 $1,037,678,177 $1,094,447,267 $1,153,353,669 $1,092,472,674 $5,084,589,440 $5,296,444,812 $5,288,519,721 $5,298,612,659 $5,951,896,364 $7,165,800,300 $5,624,961,790 $5,971,959,596 $6,659,429,953 $6,051,986,636

Retail Restaurant & Bar Total

TOTAL DOLLARS MONTHLY TAXABLE RETAIL SALES IN ARIZONA BY RETAIL & TOTAL (SEASONALLY-ADJUSTED) Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 $4,658,303,685 $4,649,476,014 $4,682,112,461 $4,690,777,897 $4,842,394,805 $4,838,043,025 $4,975,685,633 $5,060,395,005 $5,045,012,584 $4,934,299,691 $927,795,512 $968,447,606 $972,614,805 $954,080,294 $1,052,382,320 $983,293,840 $1,036,537,986 $1,027,061,745 $966,889,105 $1,026,885,497 $5,590,079,980 $5,636,080,624 $5,665,870,286 $5,658,469,914 $5,887,009,085 $5,824,809,843 $6,038,606,323 $6,051,169,404 $6,012,812,136 $5,971,962,341

Retail Sales in Arizona, Inflation-Adjusted Year-Over-Year Percent Change chart-main-title chart-axis-header Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 Retail -13.8% -11.8% -15.8% -17.4% -12.8% -10.0% -10.9% -10.6% -10.8% -11.6% -4.9% -4.9% -3.6% -8.2% -1.5% -3.6% -2.3% -5.3% -1.9% -4.0% -3.4% 3.6% -1.4% 3.6% 2.5% 8.6% 6.1% 13.4% 7.6% 1.5% 3.9% 4.7% 4.9% 3.8% 3.7% 1.6% 0.7% 2.3% 4.0% -2.0% 0.3% 2.8% 5.2% 4.3% 3.3% 0.6% 6.8% 4.9% 4.9% 8.7% -2.4% 6.7% 5.3% 8.7% 7.2% 7.6% 6.2% 4.4% 6.1% 6.8% 0.9% 0.8% 6.8% 2.0% 2.7% 1.9% -1.4% 3.2% 3.4% 5.8% 2.5% 6.0% 8.4% 9.1% 12.5% 11.9% 9.4% Restaurant & Bar 1.2% -6.9% -5.3% -7.8% -7.8% -5.5% -1.8% -3.3% -5.2% -3.1% -3.3% -5.4% -4.1% -3.8% 1.7% 3.9% 2.0% 1.2% -0.5% 0.5% 3.2% 0.9% 3.8% -2.1% 9.0% -2.1% 3.0% 0.6% 3.2% -2.8% 5.1% 8.5% 0.0% 4.2% 1.3% 6.3% 3.1% 9.6% 1.2% 5.5% 3.9% 2.3% 6.7% -0.4% 2.0% 4.9% 3.6% 2.4% 4.5% 3.2% -1.2% 2.9% 3.5% 4.3% -0.1% 1.0% 9.1% 2.7% 4.0% 7.8% -1.2% 3.3% 8.1% 5.2% 3.6% 7.9% 3.2% 2.9% 5.3% 7.7% 3.3% 11.9% 7.1% 11.9% 9.9% 3.3% 10.7% Total -12.0% -10.9% -14.0% -15.8% -11.9% -9.3% -9.5% -9.5% -9.9% -10.2% -4.6% -5.0% -3.7% -7.4% -0.9% -2.3% -1.5% -4.1% -1.7% -3.3% -2.3% 3.2% -0.4% 2.6% 3.4% 6.6% 5.5% 10.9% 6.8% 0.7% 4.1% 5.3% 4.0% 3.9% 3.2% 2.3% 1.0% 3.6% 3.5% -0.7% 0.9% 2.7% 5.5% 3.5% 3.1% 1.3% 6.2% 4.5% 4.9% 7.7% -2.2% 6.0% 5.0% 7.9% 5.9% 6.5% 6.6% 4.1% 5.8% 7.0% 0.6% 1.2% 7.0% 2.6% 2.8% 3.0% -0.7% 3.1% 3.7% 6.1% 2.7% 6.9% 8.2% 9.6% 12.0% 10.3% 9.6%

chart-main-title Retail Sales in Arizona, Seasonally Adjusted and Inflation-Adjusted chart-axis-header Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 "Retail" Classification 4175853881 4127403763 4012159981 3957598433 3964241368 Total: "Retail" Plus 5014129600 "Restaurant & Bar" 5017322714 4837150744 4761262285 4767069427

May-09 4130152581 4911195592

Jun-09 3941282267 4749225347

Jul-09 3979590456 4784230595

Aug-09 3980126906 4794628335

Sep-09 3839769038 4648171060

Oct-09 4002258054 4793904919

Nov-09 3960941768 4777791055

Dec-09 4019105731 4822497640

Jan-10 3785516131 4642379184

Feb-10 3931418957 4760872237

Mar-10 3801551475 4635464984

Apr-10 3867718632 4688617855

May-10 3924026934 4711789692

Jun-10 3874706201 4680361462

Jul-10 3842254799 4651624713

Aug-10 3867074341 4706379853

Sep-10 3992467953 4812486021

Oct-10 3937729492 4775519111

Nov-10 4082042980 4890556272

Dec-10 4121846769 4983701634

Jan-11 4105464688 4938618680

Feb-11 4156839712 4997104157

Mar-11 4292332225 5117136245

Apr-11 4156454427 5000430880

May-11 3993592730 4760324695

Jun-11 4028242859 4874927579

Jul-11 4034619379 4917898918

Aug-11 4076134323 4917944366

Sep-11 4162725401 5017413841

Oct-11 4072206878 4929888118

Nov-11 4122069694 4983157835

Dec-11 4165519321 5046147892

Jan-12 4188146552 5094832935

Feb-12 4315711744 5161403773

Mar-12 4185409567 5057147883

Apr-12 4163531958 5039575349

May-12 4122305572 4912475624

Jun-12 4240334545 5143206017

Jul-12 4210337860 5096555419

Aug-12 4226766984 5086330672

Sep-12 4208318884 5102875542

Oct-12 4332589205 5226657648

Nov-12 4298602889 5177650997

Dec-12 4394919145 5317663266

Jan-13 4539291192 5466487106

Feb-13 4209563956 5044740544

Mar-13 4440609701 5332383943

Apr-13 4387356818 5291833705

May-13 4490136570 5318684403

Jun-13 4548553360 5452096497

Jul-13 4521329853 5423874243

Aug-13 4493870002 5431010073

Sep-13 4409075017 5324933803

Oct-13 4587027498 5521576497

Nov-13 4575286739 5515882137

Dec-13 4453985996 5371868655

Jan-14 4566171458 5518553934

Feb-14 4497871397 5402069203

Mar-14 4516801787 5458511291

Apr-14 4509595936 5446478150

May-14 4582070389 5485132621

Jun-14 4482832252 5412207696

Jul-14 4658303685 5590079980

Aug-14 4649476014 5636080624

Sep-14 4682112461 5665870286

Oct-14 4690777897 5658469914

Nov-14 4842394805 5887009085

Dec-14 4838043025 5824809843

Jan-15 4975685633 6038606323

Feb-15 5060395005 6051169404

Mar-15 5045012584 6012812136

Apr-15 4934299691 5971962341

LastUpdate SourceLine SourceLine#2 SourceLine#3 SourceURL Dataset Description

07/29/15 Arizona Department of Revenue and U.S. Bureau of Labor Statistics Calculated from Arizona Department of Revenue and U.S. Bureau of Labor Statistics Arizona Department of Revenue and U.S. Bureau of Economic Analysis http://www.azdor.gov Retail sales measure economic activity in one segment of the economy and thus serve as an indicator of economic health. In addition, the sales tax is an important source of revenue to Arizona’s state and local governments. Only those retail categories subject to the state’s transaction privilege (general sales) tax are included in the retail sales data produced by the Arizona Department of Revenue. For example, sales of food items at grocery stores that are not taxed by the state are not included. Directly comparable national data are not available.

Technical Notes

The data presented on Arizona Indicators include the “retail” classification of the sales tax and the restaurant and bar classification, with the total of these two components also displayed. Monthly data, adjusted for inflation using the national consumer price index, are presented for the last five-to-six years. The year-over-year percent change and the seasonally adjusted dollars are displayed. Annual retail sales data for Arizona are expressed per $1,000 of personal income in order to adjust for inflation and the growth of the state over time. The data begin in 1984, with annual percent changes also provided. Rather than an economic series, the retail sales data from the Arizona Department of Revenue represent an accounting series in which reporting errors are not corrected. Retailers sometimes report late and multi-establishment retailers sometimes misreport sales by county. An adjustment in the retail category was made in April 2010 and April 2011 due to very substantial changes in reporting by businesses. The county data are not presented on Arizona Indicators because of their unreliability. While seasonally adjusted data are provided on Arizona Indicators, significant monthly fluctuations preclude these data from being used to calculate a month-to-month change. Instead, the emphasis is on comparing one month’s data to the figures for the same month in the prior year. Data Source: Arizona Department of Revenue; the data are not available online. Monthly data for Arizona are available approximately two months after the sales were made. The Consumer Price Index is released monthly by the U.S. Department of Labor, Bureau of Labor Statistics, two-to-three weeks after the end of each month: http://www.bls.gov/cpi/.

Notes on Visual#1

Notes on Visual#2

Annual personal income for the state is available in April with revised data reported in September. The source is the U. S. Department of Commerce, Bureau of Economic Analysis: http://www.bea.gov/regional/spi/default.cfm?selTable=summary. Adjusted for inflation but not for population growth or economic growth, sales in the retail classification rose at double-digit percentage rates into early 2006 in Arizona, but fell at double-digit rates from late 2008 through much of 2009. The year-over-year percent change remained negative through August 2010 before finally turning positive for the first time in more than three years. Retail sales grew strongly during most of 2011 but gains were weaker from late 2011 through mid-2012. Growth strengthened somewhat in the second half of 2012 and has continued at that pace in 2013. From early 2007 through the middle of 2009, the volume of sales in the retail classification in Arizona decreased very considerably—even before adjusting for population growth or economic growth. The low point was reached in January 2010, with the inflation-adjusted total down 31 percent from the April 2007 peak. The real March 2013 figure was only 18 percent higher than the trough 38 months earlier and was 18 percent less than the prerecession peak. Just 41 percent of the inflation-adjusted decline in retail sales had been made up 38 months after the trough and 71 months after the prior peak.

TOTAL DOLLARS MONTHLY TAXABLE RETAIL SALES IN ...

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