Tax figures show spending trends

Posted: Friday, December 04, 2009

See related story: Tourist season a mixed bag: sales tax revenues show no consistency

Editor's note: The information provided is for the first through the third quarter of 2009 and represents only a portion of business segments reporting.

Sales tax revenue for the third calendar quarter of 2009 has declined 12 percent compared to 2008, a steep drop city finance director Craig Duncan said seems to be due more to people saving money than to actual economic hardship in Juneau. Spending fell 10.6 percent for the second quarter and 6.3 percent for the first quarter.

In what categories, and how much, has spending fallen so far this year in Juneau?

Declines:

Gas Service Station: -45 percent

Fuel, oil: - 42 percent

Pull tabs: -39 percent

Furniture stores: -31 percent

Jewelry stores: -26 percent

Car sales: -24 percent

Clothes and accessories: -17 percent

Boat dealers: -16 percent

Business services: -14 percent

Restaurants, bars: -13 percent

Repair services: -9 percent

Department stores: - 8 percent

Grocery stores: - 7 percent

Lawyers: -7 percent

Tour operators: -6 percent

Personal services: -6 percent

Slight increases:

Amusement/recreation: 1 percent

Liquor stores: 1 percent

Air transportation: 1 percent

• Source: City and Borough of Juneau Finance Office



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