Population boosts retail sales growth

Stable population growth and a strong economy, both nationally and throughout Northern Colorado, are fueling a level of consumer demand that is boosting Colorado’s retail sales and resulting sales-tax revenues steadily upward.

Increased sales-tax revenues result from a continued strength in retail sales throughout Colorado, especially Northern Colorado.

“Retail sales figures over the long term have indicated strong growth,” confirmed Lyle Butler, president of the Greeley/Weld Chamber of Commerce. “In Weld and Larimer counties, retail sales have averaged annual increases of between 7 and 18 percent annually for the past 10 years. Growth has been very good.”

Butler attributed the strength in retail…