Bad News and let’s-call-it-good-news in retail sales

The bad news — local sales tax collections* in Hickman County for last month (August) were down 2% from August 2008 ($181,430.29 and $185,235.74, respectively.)

The silver lining in this gray cloud — compared to August 2007, last month’s collections were over 5.1% higher (August 2009, $181,430.29 – August 2007, $172,578.63). In December 2006, my first full month here, the local sales tax collections were $158,565.80. Thanks to a tenacious entrepreneurial base, Hickman County is holding its own during these challenging economic times.

*data from Tennessee Department of Revenue

About Daryl Phillips, CEcD

I am a professional economic developer. At the moment, I also serve as Executive Director of Hickman County Economic & Community Development Association, Inc. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC) and hold a Master of Business Administration from Tennessee Technological University.
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