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Lawrence Sales Tax Dips Signal Broader Slowdown | Lawrence News

Lawrence Sales Tax Dips Signal Broader Slowdown | Lawrence News

Published 4 weeks, 1 day ago
Description

Lawrence’s sales tax took a five percent hit last month, part of a statewide retail slowdown now affecting major cities like Topeka and Lenexa. High gas prices diverted spending away from other goods, and while online sales are boosting use tax revenue, a drop there could spell trouble. With eight of eleven major retail areas seeing declines—and Lawrence and Kansas City among the worst—the next report will reveal if the World Cup brought a rebound or if the downturn is here to stay.

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