Wednesday, January 12, 2011 - 2:31pm
AUSTIN, Texas (AP) - The Texas economy continues to improve with December state sales tax revenue reaching $1.81 billion. State Comptroller Susan Combs on Wednesday announce the latest figure is up 9.4 percent, compared to December 2009.
Combs says it's the ninth consecutive month of year-over-year improvement in Texas sales tax revenues.
She says increases in the oil and natural gas and manufacturing sectors reflect recovering business spending. Combs says sales tax in the retail trade and restaurant sectors also rose in December. November sales tax collections in Texas also topped $1.8 billion.