Texas Sales Tax Up Over Last Year

Comptroller Susan Combs says sales tax revenue for last month jumped more than 10 percent compared to a year ago as the Texas economy improves.

Combs on Wednesday reported the January sales tax figure was $1.83 billion.

She says sales tax revenues have improved for the last ten months, reflecting increased activity in almost all major economic sectors.

Combs reports the strongest growth was from sectors fueled by business spending, such as oil and gas activity.

She says tax collections from retail trade were also up last month.

Copyright AP - Associated Press
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