Glenwood Springs reports drop in retail sales for August |

Glenwood Springs reports drop in retail sales for August

GLENWOOD SPRINGS — Retail sales in the city of Glenwood Springs fell 1.8 percent in August compared to the same month last year, but remain 1.5 percent ahead of last year through eight months, according to the city’s August sales tax report.

The city reported $1,287,016 in sales tax receipts for August, which, based on the city’s 3.7 percent sales tax rate, translates to roughly $34.6 million in total retail sales for the month.

The city collected slightly more than $1.3 million in sales taxes a year ago August, representing $35.4 million in sales.

Strong sales from May through July helped to keep the city’s sales figures on the plus side for the year to date.

A breakdown by retail sector shows general merchandise sales are off 2.47 percent through eight months of the year, while food store and restaurant/bar sales are up 0.73 percent and 1.98 percent, respectively.

Meanwhile, taxes derived from stays at Glenwood Springs lodges continued on the plus side in August and for the year to date. Receipts for the city’s accommodations tax were up 2.51 percent in August, and through eight months continue to outpace last year by 3.88 percent, according to the August tax report.

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