The most recent information from the Florida Department of Revenue shows that consumer spending in Leon county was down in October by 3.5% when compared to spending one year ago. In absolute terms, spending in October 2017 was down $24.6 million, to $681.2 million.
At the state level, Florida experienced a 1.9% decrease in October spending when compared to last year.
The Gross Sales Report below shows that Leon county annual growth in spending in October has increased 2.7% when compared to annual spending one year ago. At the state-level, the annual rate of spending came in at 4.8%.
The chart below compares gross sales for the first ten months of each year since 2012.
Since a decrease in 2015, spending has trended up during this time period in 2016 and 2017. So far in 2017, consumer spending is up 2.1% over the first ten months of last year.