- June 15, 2021
- Posted by: Stratford Team
- Category: Business
Santa Fe’s taxable sales in March were higher than in March 2020 or March 2019, spurred by the county reaching the green level in the state’s color-coded system of business restrictions in March.
Total taxable gross receipts in March reached $305.3 million, a 21.9 percent increase from March 2020 and 7.3 percent higher than March 2019.
Taxable gross receipts for retail trade in the city of Santa Fe in March reached $93.6 million, easily outpacing March 2020’s $65 million but also far surpassing the $75.8 million in taxable sales generated in March 2019, according to a city news release.
Santa Fe County went green March 10 on the state’s COVID-19 restriction levels, meaning retail and restaurants could operate at 50 percent capacity.
“Besides the blowout taxable retail sales coming in $28.6 million more than a year ago, the fact that 16 of the 21 industry groups had year-over-year growth and 13 of 21 industries had…
