Oklahoma City sales tax receipts slow in November, remain strong overall
Sales tax revenue in Oklahoma City failed to meet projections for November for the first time in nearly a year, falling short by less than 1 percent. But growth for the year remains well above estimates.
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“If this was just a little bit of a hiccup and we pick right back into that strong growth, then we really are in that transformative period,” Dowler said.
“It's really been an exceptional period. If it continues, then we know we're really kind of ratcheting up our growth to a new level than what we've experienced in the past.”
Overall, most economic indicators in Oklahoma have continued to be strong in recent months.
But despite the local signs, the state's economy still is at least somewhat at the mercy of larger issues like the looming fiscal cliff and European debt crisis.
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