Cross Timbers Business Report, Volume 1, Number 1, Fall 1986 Page: 1
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Cross imbers business Report
Volume 1, Number 1
Local counties' gross, retail sales rebound
Data recently released by the State
Comptroller's Office indicates that gross and
retail sales rose during the first quarter of
1986 following a generally disappointing
performance for the same period of 1985.
In Erath Coutnty, gross sales rose by 5.8
percent to $53.9 million between the first
quarter of 1985 and the same period of 1986.
This indicator exhibited a 4.7 percent decline
in 1985 compared to the same three months
of 1984. Retail sales rose to $36.9 million in
quarter I, 1986 from $35.6 million during the
same period in 1985. Rertail sales totaled
$36.1 million during this span in 1984.
Bosque County gross sales rebounded
13.9 percent to $32.7 million in the first
quarter of 1986. This followed an 18.5 percent
drop in this statistic between quarter I, 1984
and 1985. Retail sales for January-March,
1986 exhibited a 4.8 percent rise over the
1985 level to $10.7 million. The value of this
indicator for the equivalent period of 1984 was
Comanche County reported a 2.5 percent
increase in gross sales for a first quarter, 1986
total of $30.1 million. This followed an 8.2
percent rise between quarter I, 1984 and
quarter I, 1985. Retail sales dropped 12.6
percent during the first quarter of 1986 to
$12.5 million. This followed an increase of 8.6
percent for the quarter I, 1985 figure over the
year earlier level.
RETAIL SALES, Are
January - M.arzl
Eastland County's first quarter gross sales
rebounded 20.0 percent between 1985 and
1986 to a total, of $62.3 million. This
indicator fell by 27.4 percent between quarter
I, 1984 and 1985. Retail sales declined to
$22.5 milion in quarter I, 1986 from $24.6
milion during the same span last year. Sales
totaled $25.7 million during the first quarter of
Hamilton County enjoyed a sharp 49.0
percent rise between quarter I, 1985 and
quarter I, 1986 as gross sales accelerated to
18.3 million. This followed a 27.0 percent
drop in this indicator between the first quarter
of 1984 and 1985. Retail sales advanced 20.8
percent to $8.7 million during the first quarter
of 1985. The total for this indicator for the
same period of 1984 was $6.8 million.
'O ,-:S SALES, Area 'Counties
January - March
Bosque Coman h Eastand Erath Hamilton
E11 494 * 19E" =, = 1a 8
Bosque Comanche Eastland Erath Hamilton
GNP accelerates in third quarter
Fueled by strong sales of new cars Gross
National Product, the most comprehensive
measure of the economy's output, expanded at
a 2.4 percent annual rate during the third
quarter. This was considerably higher than the
0.6 percent growth rate for the second quarter
but was below the rate recorded earlier in the
expansion phase of this business cycle.
This increase in the rate of output was
accompanied by an increase in the rate of
inflation as measured by the GNP deflator.
Spurred on by higher food prices this index
rose at annual rate of 3.6 percent in the third
quarter, double the second quarter pace.
1 984 1 985
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Tarleton State University. Department of Social Sciences. Cross Timbers Business Report, Volume 1, Number 1, Fall 1986, periodical, Autumn 1986; Stephenville, Texas. (texashistory.unt.edu/ark:/67531/metapth298173/m1/1/: accessed August 23, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Tarleton State University.