May 25, 2022

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Lafayette Parish sees retail revenue soar in February

Lafayette Parish recorded more than $530 million in taxable retail income in February — the maximum mark the parish had at any time found for the month of February, in accordance to information from the Lafayette Financial Improvement Authority. 

By the initially two months in 2021, the parish’s revenue have totaled about $1.1 billion, an increase of 9.6% from the same period in 2020. The February profits overall was up 14% from February 2020. Sales ended up down slightly — about 1.4% — from January.

Traditionally, income have dropped drastically from January to February, with February ordinarily being a single of the lowest months for income. But February 2021 did not see quite the exact fall. Previous calendar year, sales dropped 8.6% from January to February.

Additional:Lafayette Parish sees history $538 million in gross sales for January