by Michael Pakko | Jun 25, 2020
The Arkansas Department of Finance and Administration has published new data on local sales tax collections paid to counties and municipalities in June. There is generally a one month lag between actual sales and the collection of sales tax and an additional month...
by Michael Pakko | May 10, 2017
Arkansas Taxable Sales (ATS) rose 0.1% in the first quarter of 2017 — up 2.1% from a year earlier. From the end of the recession in 2009:Q2 through the first quarter of 2017, ATS has expanded at an annual rate of 2.9%. Gasoline prices averaged $2.11 during the...
by Michael Pakko | Feb 13, 2017
Arkansas Taxable Sales (ATS) increased 0.4% in the fourth quarter of 2016 (seasonally adjusted), and were up 1.8% from a year earlier. With gasoline prices little changed, an increase in gallons sold pushed gasoline expenditures up 9.9% for the quarter. As a result,...
by Michael Pakko | Nov 22, 2016
After declining during the first half of the year, Arkansas Taxable Sales (ATS) rose 2.2% in the third quarter of 2016. On a year-over-year basis, taxable sales were up 1.3% from the third quarter of 2015. Gasoline sales also rose in the third quarter (+1.6%),...
by Michael Pakko | Jul 20, 2016
Arkansas Taxable Sales Including Gasoline (ATSIG) declined by 1.0% from 2015:Q4 to 2016:Q1, following a decline of 0.5% in the previous quarter. Compared to a year earlier, ATSIG increased by only 1.0%. Much of the weakness in the growth rate of ATSIG is...
by Michael Pakko | Jun 1, 2015
In the first quarter of 2015, Arkansas Taxable Sales Including Gasoline (ATSIG) declined by 1.2%. Compared to the first quarter of 2014, ATSIG was up by only 0.6%. However, much of the decline in overall consumer spending can be attributed to low gasoline...
