sales tax receipts

9:23am

Thu May 17, 2012
MTSU Economists Say Inflation is a Factor

Growth in Sales Tax Receipts Deceiving?

MURFREESBORO, Tenn. (WMOT)  --  Tennessee sales tax collections rose almost 9 percent in April, signaling that the pace of the state’s economic recovery is accelerating.

In some parts of the Tennessee, sales tax receipts have now exceeded the pre-recession highs of 2007.  While that’s good news, economists at Middle Tennessee State University caution the numbers are somewhat deceiving.

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