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EBR economy in free fall?

Posted on 7/7/25 at 4:58 pm
Posted by RunninReb
Member since Feb 2023
490 posts
Posted on 7/7/25 at 4:58 pm
Says that sales tax collections declined 15% year over year from April to April.

That sounds like an enormous drop to me....can't imagine if the broader economy dipped even 1/10th that much.

If this persists in BR then things will get ugly pretty quickly.

LINK
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
44961 posts
Posted on 7/7/25 at 4:59 pm to
quote:

Says that sales tax collections declined 15% year over year from April to April.


We opted out Jan 1 when it became an option.
Posted by MRTigerFan
Baton Rouge
Member since Sep 2008
7026 posts
Posted on 7/7/25 at 4:59 pm to
Possibly due to St. George breaking away
Posted by Major Dutch Schaefer
Location: Classified
Member since Nov 2011
39047 posts
Posted on 7/7/25 at 5:02 pm to
Wait until they have to cut the check to St. George.
Posted by AtlantaLSUfan
Baton Rouge
Member since Mar 2009
27245 posts
Posted on 7/7/25 at 5:05 pm to
This is bad information. Baton Rouge economy is doing as good as ever. You can notice when there is a decline. I see lines everywhere and people spending everywhere. This is fraudulent data probably because St George.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
60953 posts
Posted on 7/7/25 at 5:10 pm to
quote:

I see lines everywhere and people spending everywhere


Inspection sticker check points and people waiting to pay bail at police stations don't count
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
40491 posts
Posted on 7/7/25 at 5:15 pm to
Posted by CapitalTiger
Baton Rouge, LA
Member since Sep 2019
482 posts
Posted on 7/7/25 at 5:28 pm to
Averaging March & April its around a 5% drop, or a little over $1M...which about $250k would be vehicle sales decline (highly volatile).

Sales Tax collections can be a bit fickle when looking at it month by month. For instance, March 2025 had 5 weekends (more spending) with the last day falling on a Monday. March 2024 had 5 weekends but the last day fell on a Sunday, so weekend collections in March 2024 might not have been recorded until April 1.

Start panicking when there's a trend even when averaged out quarter by quarter.
This post was edited on 7/7/25 at 5:29 pm
Posted by HighRoller
Baton Rouge
Member since Nov 2011
5705 posts
Posted on 7/7/25 at 5:32 pm to
quote:

see lines everywhere and people spending everywhere.


Your eyeball test is definitely more concrete than the actual numbers.
Posted by LSURussian
Member since Feb 2005
134960 posts
Posted on 7/7/25 at 7:12 pm to
quote:

RunninReb
Another Drama Queen...
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