The Compass Report: April Numbers by the Wire

by The City Wire staff ([email protected]) 70 views 

The April 2011 Numbers by the Wire report finds that improvements were evident in area sales and hospitality tax collections, suggesting gains in consumer confidence.

However, continued high unemployment rates and higher fuel costs may prevent bigger gains. Also, area home sales continue to show weakness compared to 2010.

The April report also reflects continued improvements in statewide tax collections.

Numbers by the Wire — a component of The Compass Report — is a monthly report presented electronically as a two-page PDF on nine key sets of local, state and federal economic data. The first quarter 2011 The Compass Report is scheduled for release early next week.

Funded and managed by The City Wire and presented by Benefit Bank, The Compass Report is a quarterly regional economic report with data collection and analysis handled by Jeff Collins, a nationally known economist based in Springdale and co-founder of Streetsmart Data Services.

Link here for the April 2011 edition (PDF) of Numbers by the Wire.