Upward trend continues for Cottonwood economy

Cottonwood

By Yvonne Gonzalez Verde Independent

Cottonwood
Graphic from Verde Valley Independent

VERDE VALLEY – March sales tax collections show Cottonwood is maintaining its positive growth for 2014, up about 9.4 percent compared to the same month last year.

The city also saw increases in both January and February, each between 4 and 4.5 percent.

Construction more than doubled its sales tax collections in March compared to the same month last year, reaching $78,499.

Cottonwood Administrative Services General Manager Rudy Rodriguez said the construction on the Verde Valley Medical Center hospice facility, the Tractor Supply Store’s completion and grand opening, and construction on the Sears store have contributed to the boost in construction revenue.

Restaurants and bars brought in nearly $13,000 more than in March 2013, with upticks in accommodation, real estate, rental and leasing, and retail trade.

Continued

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories