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February Retail Sales Post Gain

By April 4, 2013 April 30th, 2017 No Comments

imagesFebruary retail sales in Aspen were up 2 percent over the same month last year, according to the last city consumption tax report.  The positive number brings year-to-date sales to 3 percent ahead of 2012. January was up 3 percent.   February typically accounts for between 10 and 12 percent of the year’s retail sales and tax collections, according to the city report

The industries posting the largest gains were construction, miscellaneous, general retail and accommodations, which posted 24 percent, 18 percent, 12 percent and 9 percent gains, respectively. Sporting equipment and luxury goods posted the largest industry loses, declining 17 percent and 12 percent.  February lodging tax collections were up 10 percent over collections from the same period in 2012. For the year, collections are up 8 percent. The discrepancy between year-to-date lodging tax collection increases and accommodations sales increases is primarily due to non-lodging, on-premises sales.

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