The most recent information from the Florida Department of Revenue shows that consumer spending in Leon county was up in December by 1.0% when compared to spending one year ago. In absolute terms, spending in December 2017 was up $6.6 million, to $641.3 million.
At the state level, Florida experienced a 9.3 % increase in December spending when compared to last year.
The Gross Sales Report below shows that Leon county annual growth in spending in 2017 increased 2.4% when compared to annual spending in 2016 ago.
At the state-level, the annual rate of spending in 2017 came in at 5.5% when compared to 2016.
The chart below compares annual growth rates in spending for each year since 2013.
Since a significant decrease in 2015, spending increased at a rate 3.6% in 2016. In 2017, when compared to last year, the spending growth came in at 2.4%
has trended up during this time period in 2016 and 2017. So far in 2017, consumer spending is up 2.8% over the first nine months of last year.