Cross Timbers Business Report, Volume 1, Number 2, Spring 1987 Page: 1
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dross imbers L3usiness LReport
Volume 1, No. 2
Gross Sales patterns mixed in area counties
According to the latest available data
from the State Comptroller's office, area
counties reported generally mixed gross sales
patterns for the first six months of 1986 as
three showed upturns while two noted declines
when comparisons were made to 1985 levels.
Bosque County showed a sharp decline
in gross sales during the April-June period,
from $59.0 million in 1985 to $34.2 million
last year. Bosque County's gross sales for the
first half of 1986 totaled $66.9 million. This is
23.7 percent below the year earlier figure.
Comanche County noted a 1.2 percent
increase as sales in the second quarter of 1986
totaled $32.5 million. During the January-
June span of 1986 Comanche County revealed
gross sales of $62.6 million. This was 1.8
percent above the tally for the same span the
Eastland County's gross sales figure of
$58.1 million in the second quarter of 1986
was slightly below the $58.3 total for the year
before. This county's sales figure of $121.0
million for the first half of 1986 remained 9.7
percent above the total for the same period in
Erath County experienced a sharp 8.5
percent drop in gross sales between the second
quarter, 1985 and the same period last year,
declining from $61.1 million to $55.9 million.
A strong first quarter, 1986 showing offset
much of this loss and the result was a first
half, 1986 figure which was only 1.1 percent
below the year earlier level.
Gross sales in Hamilton County
exhibited healthy growth patterns in both the
second quarter and first half of 1986. The
GROSS SALES, AREA COUNTIES
1 30 -
S 1984 S 1985 a 1986
second quarter figure of $19.9 million was
10.6 percent above the tally for
the same span one year earlier. Sales for the
first six months of 1986 totaled $38.3
million. This was 26.8 percent higher than
the total for the same period in 1985.
The gross sales estimate for the State
of Texas for the first six months of 1986
reflected the recession which has crippled
the state. The sales total of $139,655.80
million is 6.2 percent below the figure for
the same period the year before.
Sales tax allocations down
Sales tax allocations fell below 1985
levels in three of five area cities last year. This
is consistent with the generally weak sales
reports of the first half of 1986 and indicates
that sales for the remainder of the year may
also be disappointing.
Comanche received allocations of
$192,861 for all of 1986. This was 6.4 percent
less than the aggregate for the previous year.
Eastland County also noted a decrease, from
$377,647 in 1985 to $319,458 last year. This
represented a 5.4 percent drop. Allocations to
the City of Dublin ran counter to the generally
negative patterns found in most cities. Last
year's total of $78,026 was 4.12 percent above
the previous year. Stephenville noted a 2.5
percent retreat in allocations for all of 1986,
when receipts totaled $940,879. Allocations to
Hamilton also countered the prevailing trend.
Last year's allocations of $134,333 were 0.9
percent higher than those of 1985. Allocation
checks for the first month of1987 fail to
reverse these weak trends. Out of five cities
sampled only Dublin noted an increase over
Sales tax allocations are often used to
determine trends in overall sales levels.
Money received in a given month reflects
taxable sales two months earlier.
Building activity slow in 86
The City of Stephenville issued a total of
17 building permits in December representing
$393,730 in estimated construction values to
cap a generally lackluster year of building
activity. A total of $9,220,696 in permits was
issued during 1986. This was 10.8 percent
below the figure for 1985 and represented the
lowest level of construction activity since
1982. Building permits are widely regarded as
an indicator of future construction activity.
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Tarleton State University. Department of Social Sciences. Cross Timbers Business Report, Volume 1, Number 2, Spring 1987, periodical, Spring 1987; Stephenville, Texas. (texashistory.unt.edu/ark:/67531/metapth298174/m1/1/: accessed October 21, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Tarleton State University.