Second Quarter 2022 Local Sales Tax Collections Increase 12 Percent

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Local government sales tax collections in New York State totaled over $5.5 billion in the second quarter of 2022, an increase of 12.2 percent, or nearly $604 million, compared to the same quarter last year. April and May collections grew by 15.7 percent and 16.7 percent, respectively, while June increased 6.5 percent, marking the first time since March 2021 the monthly year-over-year growth dipped below double-digits. New York City’s second quarter collections increased by 24.9%, up from relatively weak collections in April-June 2021, while growth for the counties and cities in the rest of the State slowed to 2.6% over the same period last year. Only a handful of counties saw more than 5 percent year-over-year growth in the second quarter and 31 counties experienced declines. | Regional Table [.xlsx]