After a massive and inexplicable 19% RISE last month, this month sees the downward trend resume. See row 585 as always.
LAST April, we saw a +8.7% – which was the last positive print of 2023 before we took a nosedive. That doesn’t bode well for the next 6 months or so.
The state of Texas as a whole was barely positive at +0.32%
Sales tax receipts YTD are now basically flat (at -.025%) compared to this point last year – at $1.23 million.
How did other cities fare?
Burnet: Barely positive at+1.6%
Marble Falls: DOWN 6.18% – similar to Lampasas
Dallas: UP 4% – well above the state as a whole.
Austin: UP 9% – must be all those stupid Palestinian keffiyehs the UT students are buying by the thousands for their protests. Or perhaps the cops buying tear gas.