We have two means of analyzing the local economy- unemployment
and sales tax revenue, which is proportional to gross sales receipts. The
sales tax revenue is not 100% reflective of all sales since some items are
taxed, some items are not, some items are taxed at one rate and others at another
rate, and tax on some local items may have a maximum amount which is taxed. Nonetheless,
the pattern from month to month, and year to year is a good indicator of how
the local economy is running. The data is taken by adding the state sales
tax with the local sales tax. Bear in mind we had a state sales tax increase
in 2002 and these figures are not adjusted to inflation.





