Local Government Sales Tax Revenues Decline in Nation's 4th Largest City

For the 1st time in 4 years, the 4th largest city saw its sales tax revenue decline by 2.3% while the state’s sales tax revenue increased by 5.2% in the same month.

A University of Houston Economists says no need to panic. 505 of Houston’s sales tax comes from business to business sales, while the other 50% is traditional retail. 

Business interests suggest Houston economy has correced itself and is returning to normal speed.

Houston Chronicle