The most recent information from the Florida Department of revenue shows that consumer spending in Leon County-as measured by taxable sales- was up in March by 3.5% when compared to spending one year ago. In absolute terms, spending in March 2023 was up $14.7 million to $439.2 million. These numbers are preliminary and are subject to revisions.
At the state level, Florida experienced a 7.1% increase in March spending when compared to last year.
The Taxable Sales Report below shows that Leon county’s aggregate spending over the last 12-months ($5.496 billion), as of March 2023, was 4.5% more than the aggregate 12-month spending reported in March 2022 ($5.257 billion).
At the state-level, annual spending as of March 2023 was up 11.2% when compared to annual spending one year ago.
Leon County Taxable Sales Up in March added by Staff on
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These are not good numbers for Leon County when compared to the annual rate of inflation, total year over year, and month to month. The State of Florida, however, is well over the inflation rate.
It would be interesting to see a breakdown by sales categories to see if ANY were above inflation and, overall, reasons why Leon County is so low.