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November 23, 2011

Retail sales up 3%

Retail sales in September grew 3.2% compared with the same month last year, the Maine State Planning Office reported.

Total taxable retail sales in September were $1.61 billion. Business operating sales, which mostly consist of out-of-state purchases by Maine businesses, grew 8.9% year-over-year in September. Building supply sales jumped 6.5%, marking the fourth consecutive month of strong sales in that category.

Total taxable retail sales for the last three months, July through September, are 3.6% higher than the same three-month period a year ago.

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