News

Chamber Reports Virginia Tax Data: 2018 First Half Retail Sales Increased in All Localities As Compared to 2017

(Charlottesville, Virginia – September 4) The Charlottesville Regional Chamber of Commerce today released compiled sales & use tax data which show that, over first half of 2018 (January-June), retail sales increased in every locality reported by the chamber as compared to the first six months of 2017.

Virginia Department of Taxation sales tax data compiled showed that retail sales during the first half of calendar year 2017 compared to the first half of calendar year 2016 year, increased: in Albemarle County +2.61%; in Charlottesville +4.42%; in Augusta County +3.03%; in Fluvanna County +8.99%; in Greene County, +4.06%; in Louisa County, +4.71; and, in Waynesboro +9.60%.

Over the first six months of 2018, Albemarle and Charlottesville, the region’s retail hub, in the aggregate, accounted for $1.38 billion (+3.34% / +$50 million / v. 2017-Q1&Q2) in total retail sales (not including motor vehicle or gasoline/diesel sales). Due to confidentially, competitive and proprietary requirements, the Virginia Department of Taxation does not report retail sales of specific enterprises or retail sales within areas of a locality.

The 2017 Chamber Jobs Report data showed that the all private sector jobs within the Greater Charlottesville region, 19,104 or 21.8% are in “Trade, Transportation & Utilities;” most of those in retail. The Chamber plans to issue its 2018 Chamber Jobs Report shortly, in advance of its 2018 Chamber Jobs Report Luncheon; Wednesday, October 3rd at the Charlottesville Omni from 11 a.m. to 1:30 p.m.

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The Charlottesville Regional Chamber of Commerce is dedicated to representing private enterprise, promoting business, and enhancing the quality of life in our Greater Charlottesville communities.