Last week, State Comptroller Tom DiNapoli released a report which finds that local sales tax collections across grew just 1.7 percent in the first six months of 2016 across the state, and that regional growth was uneven across the state. The strongest growth for the period was in the in the Mid-Hudson region (2.7 percent) and in the Finger Lakes region (2.5 percent). Sales tax collections declined by 1.3 percent in Central New York, by 0.7 percent in Western New York and by 0.1 percent in the North Country.
Sales tax collections are an indicator of economic activity in a particular region. This report is yet another reminder that while some areas of the state are seeing economic growth, others continue to struggle.