Slight dip in Aspen retail sales in August | AspenTimes.com

Slight dip in Aspen retail sales in August

Aspen Times staff report
Aspen, CO Colorado

ASPEN – Retailers saw sales decrease 2 percent in August compared to the same month last year, according to a report issued Tuesday by the city’s finance department.

August generated $41.9 million in retail sales, the city reported. Despite the slip, the $324 million in retail sales for the first eight months of this year are tracking 1 percent ahead of the same period last year, data shows.

Aspen’s 12 business sectors posted the following retail sales in August, according to city tallies:

• Accommodations (hotels, lodges, etc.) – $10 million, up 14 percent from August 2009;

• Restaurants/Bars – $8.8 million, down 1 percent;

• Sports equipment – $2.1 million, no change;

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• Clothing – $4 million, down 2 percent;

• Food and drug – $5.2 million, down 9 percent;

• Liquor – $746,728, down 1 percent;

• General retail – $3.2 million, down 40 percent;

• Specialty retail – $2.6 million, up 12 percent;

• Jewelry/Gallery/Fur – $1.2 million, up 127 percent;

• Utilities – $2.5 million, down 5 percent;

• Automobile – $1.4 million, up 3 percent;

• Misc. – $61,627, down 64 percent;

The finance department also reported that lodging tax collections through August are up 9 percent compared to the first eight months of 2009.

The year-to-date Wheeler real estate transfer tax collections through September are down 13 percent from the first three quarters of 2009, while the housing real estate transfer tax collections are down 11 percent from the same period.

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