When the economy goes bad, local leaders have said it takes about 6 to 12 months for the recession to hit here. It appears the same goes for the economic recovery. Counties that include and surround Cleveland are reporting sales tax revenue increases over the last 20 to 22 months.
The Plain Dealer reports every county in the state has suffered the past few years, now it's just a question of recovery time. Some northeast Ohio counties are seeing double digit increases. Allen County sales tax revenue has seen a minimal increase from last year to this year. Sales tax revenue is the lifeblood of county government. It is a good indicator of the area economy because it comes from the sale of goods.if there are increases, it means people are spending money.
Of the ten counties in our immediate viewing area, all ten have seen sales tax revenue increases by small amounts over the past year and a half.
