December 2017 Newsletter

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ECONOMIC INDICATORS

Retail Sales

October retail sales for Ardmore ended at $47.0 million, a slight decrease from $47.2 million in October 2016. As has been the trend this year, year- to-date retail sales are tracking behind 2016. Holiday sales should provide a strong finish for the year.

Building Permits Year-to-date through October, the City of Ardmore issued a total of 582 building permits valued at $27.8 million. This is running just slightly behind the same period for 2016.

Carter County Unemployment 1,097 persons, or 4.5% of the workforce, filed for unemployment benefits in Carter County in September 2017. This number is down from September 2016 when 1,190 persons, or 5.8% of the workforce, filed for unemployment. Preliminary data indicates further reduction in the unemployment rate.

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