Local Sales Tax Collections Up 3 Percent in the Second Quarter of 2023

Topics
Release Date

Local government sales tax collections in New York State totaled $5.7 billion in the second calendar quarter of 2023, up 3 percent (or $167 million) compared to the same period last year. Second quarter growth was less strong than the 7.1 percent seen in the first quarter. In fact, overall growth has continued to slow since April-June 2021. New York City’s second quarter increase of 3.7 percent marked the first time that its collections did not reach double-digit growth after eight consecutive quarters, while the counties and cities throughout the rest of the State, in aggregate, experienced 2.3 percent growth. | Regional Table [.xlsx]