BATON ROUGE, Louisiana — Consumer and business spending in East Baton Rouge Parish rose by 2.8 percent in July, the second month in a row where economic activity was higher than the year before.
According to figures released Tuesday by the city-parish Finance Department, The Advocate reports (http://bit.ly/1NLMTM5) businesses and consumers spent nearly $701.8 million in July. That compares with $682.5 million in July 2014. The figures do not include vehicle sales, which are generally examined separately when looking at spending as an economic indicator.
Service spending was up 8.4 percent from July 2014, while sales tax collections at food-service and drinking establishments increased by 4.8 percent from July 2014.
Spending outside the city limits, which includes big-box retailers on Siegen Lane, was down 2.9 percent in July to $301.6 million.
Information from: The Advocate, http://theadvocate.com