Inside Long Island Business
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LI retail sales tax collections fell in December
Photo credit: AP
Retail sales on Long Island appear to have declined in December -- during the crucial holiday shopping season -- compared with a year earlier, according to a report released Monday.
The New York State Department of Taxation and Finance announced that sales tax collections, a barometer of consumer spending, fell 1.9 percent in the region this past month compared with December 2011.
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