By Brittney Sherman — buy local, development, News, Silicon Valley, large business, small business
Here are a few key takeaways from Morgan Hill's 1st Quarter 2022 sales tax numbers:
-Santa Clara County sales tax collections grew 14% and Morgan Hill collections grew 8.4%, as compared to this same quarter last year.
-Receipts from local Morgan Hill brick and mortar purchases rose 9.3% compared to 2021, supporting the continued trend of buying locally.
Sales tax collected from service stations rose 52% compared to 2021, as a result of increased gas prices and the continued return of commuter travel.
Casual dining and quick-service restaurants continued their upward trend, marking the 4th full quarter in a row where restaurant receipts have increased.
Read the full report from HdL HERE.
Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov