November’s retail sales in the city of Aspen were up 1 percent relative to the same period in 2017.
Industries posting the largest monthly gains were sports equipment/clothing, luxury goods, and utilities with 29 percent, 13 percent, and 9 percent increases, respectively. Industries posting the largest monthly declines were construction, automobile, and food/drug with 32 percent, 2 percent, and 1 percent.
November, one of the slowest months of the year due to Aspen’s seasonal nature, accounts for roughly 4.1 percent of the year’s total sales tax collections. On a year-to-date basis through November, taxable retail sales are up 4 percent.
November’s lodging tax collections were up 1 percent from the same period last year. On a year-to-date basis, lodging tax collections are up 2 percent. Housing and Wheeler real estate transfer tax collections for December 2018 were up 7 percent and 3 percent respectively. On an annual basis, collections for real estate transfer taxes are 11.5 percent below 2017 figures.