In a sign that the economy continues to slow down, sales tax revenue reported by the Ohio Department of Taxation shows that many counties throughout the state had significant decreases in their portion of the sales tax revenue for September.
In the partial and preliminary data for September sales, Adams County experienced a reduction of over 20% with collections at $350,482.28 down from $441,724.17 the same month in 2022. That is a difference of $91,241.89 or 20.66%.
Retailers across the country are bracing for a tough holiday season following a report from the federal government last month that showed economic demand in the United States has slowed.
The money collected by the state of Ohio and local counties is used to administer critical services such as police protection, criminal justice, economic development, and elections.
