Aspen hits record $90.56 million in December sales
The Aspen Times
DECEMBER SALES IN ASPEN
2014: $90.56 million
2012: $76.63 million
2010: $68.58 million
2008: $63.35 million
2006: $72.49 million
2004: $61.19 million
Source: City of Aspen Finance Department
Collectively among local businesses, the money continues to flow.
Aspen’s monthly consumption report released Wednesday said retail sales in December hit $90.56 million, a 5.6 percent increase over $85.76 million in the same month in 2013.
It’s likely a record. Looking back over the past 11 years of modern bookkeeping, no December has ever approached the $90 million mark, according to the city’s Finance Department.
December is Aspen’s strongest sales month, reflecting about 15 percent of the year’s business activity, the report said.
The accommodations category, reflecting hotel and lodge activity, reaped $28.4 million, a 16 percent increase over $24.5 million logged in December 2013.
Restaurants and bars garnered $12.6 million, a 9 percent uptick compared with $11.5 million recorded in the same month a year earlier.
The sports equipment and clothing sector reported $9.7 million in sales, a 14 percent jump when evaluated against the $8.5 million reported in December 2013.
Gains also were noted in the following categories: clothing, 10 percent; food and drug, 5 percent; liquor and marijuana, 29 percent; general retail, 8 percent; utilities, 6 percent; and luxury goods, 1 percent.
Declines were posted in construction, 24 percent; automobile, 12 percent; and miscellaneous, 34 percent.
The city’s 2.1 percent sales tax generated $1.92 million in December, which represents a 9 percent increase compared with $1.76 million garnered during the same month a year earlier.
The Finance Department also reported an overall 10 percent sales increase for the year. Retailers took in $623.9 million in 2014 and $566.89 million in 2013, according to the monthly consumption reports.
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