Retail spending rises 7 percent in EBR


Advocate business writer

Retail spending in East Baton Rouge Parish rose just less than 7 percent in November, figures from the city-parish Finance Department show.

Businesses and consumers spent $672.6 million that month compared with $631.0 million in November 2011. The numbers do not include often-volatile vehicle sales.

Spending had a couple of flat months after the U.S. Bowling Congress tournament left town in July, but rebounded in October by rising 6 percent. The November numbers, which include the beginning of the holiday shopping season, followed suit.

For the year, consumer spending is up just less than 7 percent to $7.24 billion.

The breakdown of numbers inside and outside the city limits for November were also similar to the gains posted in October. Spending inside the city limits was up 4 percent and spending in the outlying areas was up 10 percent.

Looking at some key sectors:

Sales tax revenue to the city-parish, which includes vehicle sales, is up 7 percent to $14.5 million. For the year, sales tax revenue is up 7 percent to $156.6 million.