First Quarter 2021 Local Sales Taxes Down 3.9 Percent; New York City Declines While the Rest of the State Grows

Meta Tag Keywords
local sales tax, first quarter 2021, tax withholdings, sales tax collections. sales tax
Topics
Release Date

Local government sales tax collections declined by 3.9 percent, or $173 million, in the first quarter of 2021 compared to the same period last year. This is the fourth quarter in a row that collections have dropped year-over-year. However, it is an improvement over the past three quarters. Collections in every region of the State outside of New York City increased over the first quarter of 2020, ranging from 2.4 percent in the Southern Tier to 9.8 percent in the North Country. New York City’s collections decreased by 13.2 percent in the first quarter, which nevertheless represents an improvement compared to the declines in the previous three quarters. During the past 12 months, statewide local collections have dropped by 11.8 percent or $2.2 billion. | Regional Table [.xlsx]