Northwest Arkansas Sees Double-Digit Gains in Sales Tax Revenue in January

January 26, 2023

Economy

Northwest Arkansas Sees Double-Digit Gains in Sales Tax Revenue in January

NWA Daily

Cities in Northwest Arkansas are continuing to see an uptick in sales tax revenue, with the four largest cities reporting an overall 12.29% increase over the year-ago period. 

  • Leading the pack: Bentonville reported an impressive 29.13% increase for January, showing no signs of slowing down from the city's three-year trend of year-over-year gains. 
  • Bigger picture: While the cities have budgeted for slower growth in 2023 due to economic uncertainty, they remain hopeful they can meet their ambitions for another year of growth. 

Read more on the story from TB&P here.

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