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4Q23 Sales tax results

By Brittney Sherman

4Q23 Sales tax results

Similar to the State (-2.5%), County (-2.8%), and Bay Area (-4.9%) sales tax results, Morgan Hill’s 4th quarter numbers were also down year-over-year. This decrease is mainly contributed to a 21% decline in the food and drug group, a 4.1% decline in the auto and transportation group, and fluctuating prices of fuel and building materials. As a result of in-store and online holiday purchases the general consumer goods group increased, along with the restaurant and hotel group as patrons continued dining locally despite increasing menu prices.

Read the full report HERE.


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