UC outgains the state again in July’s state sales tax report

UPPER CUMBERLAND – The Upper Cumberland saw slight improvements in its state sales tax collections in July. The region posted a 2.9 percent increase year- over-year.

A handful of counties saw more healthy gains, including DeKalb (11.6), Warren (9.0) and Putnam (5.1). Pickett was up 47.7 percent, following a 5.8 percent increase in June. Also up were Macon (3.6), White (2.6) Overton (2.5) and Van Buren (1.4).

Slight decreases were recorded in Cannon (-0.1), Clay (-1.0) and Cumberland (-1.3). Fentress was down 5.6 percent while both Jackson and Smith recorded 14 percent drops, respectively.

The state saw a 3.2 percent gain. The UC is still outpacing Tennessee’s annual numbers, 3.9 percent versus 3.5.

Collections are considered just one measure of economic activity and are based on state sales taxes; local option taxes are excluded. Sales data lags by one month; for example, July numbers reflect June activity.

Counties July Year prior Percent change
Cannon $349,645 $350,100 -0.1
Clay $257,722 $260,379 -1.0
Cumberland $4,016,788 $4,069,170 -1.3
DeKalb $910,030 $815,342 11.6
Fentress $668,515 $708,394 -5.6
Jackson $175,019 $203,535 -14.0
Macon $949,159 $916,037 3.6
Overton $853,636 $832,926 2.5
Pickett $333,466 $225,774 47.7
Putnam $7,806,045 $7,426,033 5.1
Smith $875,046 $1,017,202 -14.0
Van Buren $125,038 $123,333 1.4
Warren $2,281,875 $2,092,858 9.0
White $1,177,149 $1,147,846 2.6
UCDD $20,779,133 $20,188,929 2.9
TN $654,992,000 $634,842,000 3.2

Source: Compiled by the Upper Cumberland Development District from data published by the Tennessee Department of Revenue.

This site uses Akismet to reduce spam. Learn how your comment data is processed.