December Shoppers Trimmed Spending in Tupelo
TUPELO, Miss. (AP) — Shoppers cut back in December in Tupelo, Northeast Mississippi’s retail hub, but some of the region’s cities like Corinth, New Albany and Oxford saw an increase in sales.
The Mississippi Department of Revenue’s sales tax diversion to Tupelo for December was about $1.86 million, a 5.7 percent decline from the $1.97 million collected a year earlier, a local newspaper reports.
The department collects sales taxes from stores, restaurants, hotels and other businesses each month, and issues the diversions to cities a month later.
The January report reflected activity in December, says Department of Revenue spokeswoman Kathy Waterbury.