Chamber Reports 2017-Q1: Retail Sales In Region Were Mixed
SALES UP IN ALBEMARLE, AUGUSTA, FLUVANNA & LOUISA,SALES DROPPED IN CHARLOTTESVILLE, GREENE & WAYNESBORO
The Charlottesville Regional Chamber of Commerce today released compiled sales & use tax data which show that during 2017’s first quarter (January-March) retail sales throughout the region were mixed compared with the first quarter of last year.
It is important to note differing leading Easter holiday sales timing affect comparisons – as Easter 2017 occurred in April (16th); Easter 2016 occurred in March (27th); Easter 2015 in April (5th).
Virginia Department of Taxation sales tax data showed that retail sales during the first quarter of 2017 compared to the first quarter of 2016 year were up in: Albemarle County +%; Augusta County +%; Fluvanna County, +%; and, Louisa County, +%. Retail sales during the first quarter of 2017 compared to the first quarter of 2016 dropped in: City of Charlottesville %; Greene County, %; and, Waynesboro %.
Over the first quarter of 2017, Albemarle & Charlottesville, the region’s retail hub, in the aggregate, accounted for $629 million (+% v. 2016-Q1) in total retail sales (not including motor vehicle or gasoline/diesel sales) – an increase of $22.7 million compared to the first quarter of 2016.
The 2016 Chamber Jobs Report data show that the largest segment of all private sector jobs – 17,183 or 19.9% – within the Greater Charlottesville region, are in “Trade, Transportation & Utilities;” most of those jobs in retail.
Christina Schlottenmeier & Jamie Boyers of Great Eastern Management Company regularly and voluntarily, compile this data and other data for the Chamber.