Consumer and business spending in East Baton Rouge Parish rose by 3.9 percent in November, the sixth month in a row where economic activity was higher than the year before.
Businesses and consumers spent $686 million in November, according to figures released Tuesday by the city-parish Finance Department. That compares with $660 million in November 2014. The figures do not include vehicle sales, which are generally examined separately when looking at spending as an economic indicator.
Spending by category increased across the board. Sale tax collections at food service and drinking establishments increased by 4 percent, while retail sales were up 3.2 percent from November 2014. Manufacturing spending, a traditionally volatile category, was up 2.1 percent.
Spending, excluding vehicles, within the Baton Rouge city limits was up 4.5 percent in November to nearly $387.5 million. This includes activity at Cortana Mall and for most of the Mall of Louisiana.
Spending outside the city limits, which includes big-box retailers on Siegen Lane, was up 3.3 percent in November to nearly $298.6 million.
Vehicle sales were up 1.3 percent from the year before, reaching $51.4 million for November.
Overall tax collections for the city-parish, which include vehicle sales, were up 3.8 percent in November to $14.7 million.
For the first 11 months of 2015, spending in the parish, excluding vehicle sales, ran 2.6 percent ahead of 2014’s pace to top $7.6 billion.
Spending is up 6 percent in the Baton Rouge city limits, at $4.3 billion. The total is down 1.6 percent outside the city limits, at $3.3 billion. Those numbers have been affected by the annexation of much of the Mall of Louisiana in June 2014.
Tax collections for the first 11 months of 2015, which includes vehicle sales, are up 2.7 percent to $167.2 million.
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