State sales tax revenue totaled $3.93 billion in December, 10.5 percent more than December 2021.
The majority of December sales tax revenue is based on sales made in November and remitted to the Texas Comptroller’s Office in December.
“Business spending continued to be the principal driver of growth in sales tax revenue, with rapid growth in receipts from non-retail sectors,” Comptroller Glenn Hegar said. “The mining, construction, wholesale trade, and rental and leasing sectors had double-digit gains compared with a year ago and receipts from the manufacturing sector remain robust as well.”
“Growth in receipts from the services sector also reached double digits, while those from restaurants grew at about the rate of inflation for food away from home,” he added.
But growth in receipts from the retail trade sector was less robust and clocked in at about the same rate of inflation in consumer goods prices, he said.
>> Motor vehicle sales and rental taxes — $566 million, up 7 percent from December 2021.
>> Motor fuel taxes — $317 million, up 2 percent from December 2021.
>> Oil production tax — $516 million, up 15 percent from December 2021.
>> Natural gas production tax — $371 million, down 3 percent from December 2021.
>> Hotel occupancy tax — $58 million, up 44 percent from December 2021.
>> Alcoholic beverage taxes — $137 million, up 10 percent from December 2021.
