Coming off a year-over-year increase of almost 11 percent and bolstered by the building material and food categories (we are, after all, now the "South's Tastiest Town"), Lafayette Parish retail sales in January were 16.5 percent higher than January 2011. Building materials and food increased 37.5 percent and 17.3 percent, respectively.
The momentum from a strong holiday shopping season appears to be carrying over into 2012, as the parish’s January retail sales totaled more than $427 million. Sales of more than $566 million in December pushed 2011 total retail activity to $5.34 billion — the second highest year on record after 2008. December sales were the highest recorded for any December, with the final tally for all of 2011 reflecting a 10.9 percent increase over 2010.
“Seeing strong retail sales numbers in January will continue to boost local consumer confidence levels in the first quarter,” says Gregg Gothreaux, president and CEO of the Lafayette Economic Development Authority. “National estimates for February retail sales are promising, and we see no reason to expect local retail sales to veer from that trajectory.”
For January, all other categories showed increases over 2011, except furniture, which is down 9.7 percent from 2011. The general merchandise category, which finished 2011 down less than 1 percent, saw a 5.1 percent increase.
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.
OCT 31 The National Journal posts another story from its visit to NOLA, this one about the struggling Vietnamese shrimpers in the area. The publication has been looking at how the state is recovering from Katrina, nine years later.
OCT 31 The New York Times posts this look at Louisiana politics, and how national issues are forcing out the old-time local politicking. Of course they mention EWE, aptly described as an old-time politician known for "charming one half of the state and mortifying the other."
OCT 31 Here's an AP story on the ABC site about Louisiana's chicken little response to an international medical conference planned in NOLA this weekend. Organizers (who are actual physicians, as opposed to the hand-wringing state officials who issued the edicts) say the orders are "unfortunate" given that a main focus of the meeting was Ebola.
OCT 31 Given the things Bobby Jindal has said and done since he's been governor, it's a pretty safe bet he thinks we're a bunch of dummies. Apparently, he's sure President Obama is one, too. This story on Huff Post quotes Jindal as saying the president - a graduate of Harvard Law - should sue to get his money back. (What should a Brown biology grad who doesn't believe in evolution do?)
OCT 31 Us old folks are used to a two-party system, although most of us aren't sold on its success. But what if that system wasn't in place; what if politics reflected the true level of diversity among voters? That's what an LSU student is dreaming of in this editorial. He sees the two parties' control of our politics as limiting.
OCT 31 And you thought the Senate race was dirty. This post on the Forward Now blog tells the story of a Shreveport mayoral campaign worker who was paid to "infiltrate" and "sabotage" an opponent's campaign. Karma's a beeotch, though, because turns out the guy really liked the "enemy," and now he's supporting her. For real.
OCT 30 The National Journal offers this analysis of Bobby Jindal's willingness to stump in any Senate campaign that's not in Louisiana. Why is that? The Journal asks some GOPers and finds that the answer is one we already know: he's so unpopular here, because he's been so busy running for President, that his support might be "toxic."
OCT 30 Blogger Tom Aswell is still all over the OGB mess - and all by himself, apparently. In this post, he's revealing orders from the Jindal administration to destroy records from the state employee health insurance plan. Those orders (he's heard) have angered the Secretary of State and caused an administration lawyer to quit her job. Wow!
OCT 30 A NOLA lady has alleged she was drugged and raped at a Bywater club that had a clothing-optional policy until recently, and she's now become the victim of a smear campaign, columnist Jarvis DeBerry writes in this post. She chose to reveal her story and her name, and she's being punished for that now, he says.
Read the Flipping Paper!
Click Here for the Entire Print Version of IND Monthly