McAllen retail sales reach record receipts: 2015 first quarter show steady growth as retail base grows

Written by mcallenretail on . Posted in Media Releases

McALLEN – The City recorded its highest-ever local sales tax first quarter this year by collecting more than $17.5 million in retail taxes in January, February and March, according to the Texas Comptroller.

McAllen, the region’s largest city retail market by a commanding margin, is up 2.3 percent over the first quarter of last year, and it’s the largest year-over-year gain for the first quarter in three years. A general upturn in the economy, easing traffic at international crossings and more shopping options have all contributed to the increase, said McAllen Mayor Jim Darling.

Read the full story here.


This information box about the author only appears if the author has biographical information. Otherwise there is not author box shown. Follow YOOtheme on Twitter or read the blog.