Wow!
The state of Texas as whole was DOWN 1.96% but somehow Lampasas was UP 7.88%!
How did we do it?! We haven’t even had an Economic Development Director for months now! Coincidence? I think not!
Actually, it may be more of a case that last year’s numbers were significantly depressed and therefore the comparison is made to look larger. Last year for Oct and Sep saw HUGE decreases for Lampasas (one of those months was due to a major water main break closing down businesses for the better part of a week).
So taken together, these two should roughly cancel each other out. Last year’s October number was normal and in-line, so we’ll get a better idea of this in a month.
Other cities we follow:
Austin: DOWN 1.05%
Burnet: UP 0.26%
Dallas: UP 0.54%
Marble Falls: DOWN 11.81% (!!)
Mineral Wells: DOWN 9.16%
I’m going to start following Mineral Wells, because for some unknown reason, Stacy Ybarra took a junket there last year and wasted an entire day babbling buzzwords about their economic development.
