Glenwood July retail sales remain strong
Retail sales in Glenwood Springs remained strong during the height of tourist season in July, though the numbers were not quite as high as for June, according to the city’s latest sales tax report.
July saw a nearly 6.4 percent increase in sales over the same month in 2014. That was down some from the 7.8 percent increase recorded in June.
For the year to date, sales taxes are running 8.7 percent ahead of 2014, according to figures compiled through seven months of this year.
The city collected $1,568,169 in sales taxes for July, representing about $42.4 million in total retail sales for the month. That compared to $1,623,209 in sales taxes for June.
Year to date, the city has taken in just over $9.2 million in sales taxes, on roughly $249.7 million in retail sales, according to the latest report.
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Glenwood’s lodging sector continued to see an increase in taxes collected on overnight stays during July and for the year to date through seven months. Collections on the city’s special accommodations tax were up 8.9 percent in July, and for the year are up about 12 percent.
Sales are up for the year to date in every key retail sector, including a 13.8 percent increase for hotels and motels, 11.2 percent for restaurants and bars, nearly 12 percent for building materials and supplies, 18 percent for automobile sales and servicing, 5.3 percent for food stores and 2.7 percent for general merchandise.
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