In Kansas, taxable retail sales include the retail sale, rental or lease of tangible property; labor services to install, repair, or service personal property; and admissions to amusement and recreation places. CEDBR has analyzed Kansas taxable retail sales and removed the seasonal variation in the data series to better track the long-term trends in the data. Sources: Kansas Department of Labor and CEDBR analysis.
Nominal: Nominal sales are the sales measured when the transaction took place, without taking into account how inflation changed over time.
Inflation Adjusted: Inflation adjusted sales are adjusted to reflect changes in the overall price level over time, enabling a better comparison of the real economy over time.