Ellis Perkins, owner of Southwest Appliance and Furniture, realizes there are some states that are experiencing hard times economically.
But locally, the economy is going strong, Perkins said.
“This part of the country is not hurting. It never has,” Perkins said. “Politicians are arguing how bad it is. There’s a lot here. We’re delivering stuff further than we’ve ever delivered. … this is a boom shopping area.”
Brownwood’s monthly sales tax allocations continue to climb, and that’s a reflection of a good economy, city Finance Director Walter Middleton said.
Brownwood’s allocation for October - a reflection of August sales - was $467,865, an increase of nearly 5 percent over October 2007’s allocation of $445,747.
Year-to-date allocations total $4.88 million, a 2.8 percent increase over last year’s total of $4.75 million.
Middleton said he had wondered if monthly increases earlier this year were tied to government’s economic stimulus checks. But those checks have been mailed and were not a factor in this month’s allocation, suggesting that the increases resulted from a strong local economy and not from the stimulus checks, Middleton said.
Early’s allocation this month reflected a rare decrease. The city received $74,459 in October, a 16 percent drop from October 2007’s allocation of $88,617.
Year-to-date figures in Early are up 1.5 percent, to $898,678 from $885,646.
Early City Administrator Ken Thomas said he doesn’t know what caused the decrease. “This is one of the biggest downturns we’ve had in quite some time,” Thomas said.
A series of decreases would be a cause for concern, but not a one-month drop, Thomas said.
For Bangs, the October allocation was $8,121, a 64.4 percent increase over last October’s $4,836. Year-to-date for Bangs totals $103,085, an 82 percent increase over last year’s $56,993. The city has started collecting economic development sales taxes in recent months.
Blanket’s October allocation was $831, a 2.95 percent increase over last October’s allocation of $807. Year-to-date allocations total $11,154, a 7 percent increase over last year’s $10,423.
The total allocation for all four municipalities in October was $551,277 a 2 percent increase over last October’s $540,112. Year-to-date, the allocations total $5.89 million, a 3.4 percent increase over last year’s $5.7 million.
Donnie Pinkston of Pinkston Auto Sales said he sees “growth like crazy” in Brownwood and agreed that the local economy is strong, although he said, this isn’t the time of year that is typically strong for auto dealers.
Pinkston said he is doing close to the same amount of business he was doing this time last year, but said it could be slightly down.
“I think our local economy is better than a lot,” he said.
Perkins, of Southwest Furniture and Appliance, said there is no recession here. “Go out and look at Wal-Mart’s parking lot. … (People are) turning out and spending money,” Perkins said.