Buffalo County Supports a Robust Local Economy
Communities seeking to bolster their business attraction efforts attempt to market themselves in a positive light. But many economic indicators indicate Buffalo County has the positive momentum that sells itself! The data below backs up what locals know - businesses have the resources to be successful in Buffalo County. Several important points include:
- Unemployment in Buffalo County is historically lower than national levels - averaging about 2% in 2021 and 2022 compared to 3.5% or higher nationally.
- Monthly taxable retail sales consistently increased to 24% in 2022.
- Monthly Lodging Tax Receipts have rebounded from the COVID-19 pandemic exceptionally well, with 2022 averaging 26% higher than 2021.
Jul 03, 2023
Category: Economic Indicators