Regional Sales Tax Revenue Continues to Grow as Economy Surges

The seven-county Denver metropolitan area continues to rapidly expand as measured by sales tax revenue growth, which year-to-date is up 18.5 percent over collections for the first five months in 2020. During the same period, it was down 5.3 percent in 2020. The monthly increase of 23.1 percent over May in 2020 shows a slight tapering off, reflects a huge increase in revenue for local governments.