Lafayette Parish retail sales got off to a rough start this year, falling more than 14 percent during the first two months and almost 11 percent in March, compared with the first three months of 2009. But they may be staging a comeback. April’s sales in the parish were $395.71 million, which means the year-to-date figure is now off by 8.55 percent. So far, it’s an improvement after last year’s 11.61 percent slide — retail sales in 2009 were $4.8 billion compared with $5.4 billion in 2008.

Those sales reductions mean less tax money for local government­­ — for both capital funds and the general fund.

Some slight improvement is also being seen in hotel-motel receipts, which are down 18.42 percent, after falling 28 percent in January and staying down year-to-date by about 21 percent in both February and March. Monthly hotel receipts in April were $5.3 million, compared with $5 million in March, $4.8 million in February and $4.1 million in January.


To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

Loading
Chart
ABiz Stock Watch
o Home Bancorp 22.70 ▼0.06 (-0.26%)
o Frank's International 17.37 ▲0.29 (1.70%)
o IberiaBank Corp 64.15 ▲1.33 (2.12%)
o LHC Group 23.73 ▼0.02 (-0.08%)
o MidSouth Bancorp 19.03 ▲0.03 (0.16%)
o Petroquest Energy 4.42 ▲0.16 (3.76%)
o PHI Inc. 39.60 ▼1.40 (-3.41%)
o Superior Energy 25.67 ▲0.86 (3.47%)
o Stone Energy 26.12 ▲0.67 (2.63%)
o Facebook Inc. 78.69 ▲1.74 (2.26%)
o Twitter Inc. 50.63 ▼0.07 (-0.14%)
o Gannett 30.53 ▲1.45 (4.99%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:22.70 Trade time:4:00PM EDT Value change:▼0.06 (-0.26%)
NYSE:FI

Frank's International

Company ID [NYSE:FI] Last trade:17.37 Trade time:4:02PM EDT Value change:▲0.29 (1.70%)
NYSE:IBKC

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:64.15 Trade time:4:00PM EDT Value change:▲1.33 (2.12%)
NYSE:LHCG

LHC Group

Company ID [NYSE:LHCG] Last trade:23.73 Trade time:4:00PM EDT Value change:▼0.02 (-0.08%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:19.03 Trade time:4:01PM EDT Value change:▲0.03 (0.16%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:4.42 Trade time:4:03PM EDT Value change:▲0.16 (3.76%)
NYSE:PHII

PHI Inc.

Company ID [NYSE:PHII] Last trade:39.60 Trade time:10:13AM EDT Value change:▼1.40 (-3.41%)
NYSE:SPN

Superior Energy

Company ID [NYSE:SPN] Last trade:25.67 Trade time:4:04PM EDT Value change:▲0.86 (3.47%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:26.12 Trade time:4:10PM EDT Value change:▲0.67 (2.63%)
NYSE:FB

Facebook Inc.

Company ID [NYSE:FB] Last trade:78.69 Trade time:4:00PM EDT Value change:▲1.74 (2.26%)
NYSE:TWTR

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:50.63 Trade time:4:01PM EDT Value change:▼0.07 (-0.14%)
NYSE:GCI

Gannett

Company ID [NYSE:GCI] Last trade:30.53 Trade time:4:03PM EDT Value change:▲1.45 (4.99%)
Advertisement

Read the Flipping Paper!

Click Here for the Entire Print Version of
ABiz
 
Advertisement
Advertisement