Angelos sat down with Community Impact to discuss Austin-area retail market trends heading into the holiday season. Angelos expects that Travis County will see even higher retail sales in 2014. September sales taxes “increased 10 percent compared with September 2013, suggesting momentum is high heading into the holiday shopping season for both retailers and the seasonal employees likely to be hired to handle the extra shoppers.”
“Austin benefits from a 3.5 percent annual population increase,” he said, “while the rest of the country is growing at a 1 percent rate.” According to Angelos, “those new residents coming from other states are definitely counted among the new shoppers in Austin.”
