Consumer Spending in Houston on Track to Reach Cyclical High
Consumer spending in Houston is on track to reach a new cyclical high in 2018.
According to the Texas Comptroller’s Office, through the first four months of the year, total sales tax allocations amounted to just more than $226.7 million, more than the first four months of the previous eight calendar years.
From 2010-17, total calendar year outputs averaged slightly less than $600 million per year, with $660 million being the highest output…
