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May taxable sales in Lafayette Parish fifth highest month on record
MGN Online
and last updated 2021-07-07 20:28:03-04
With more than $619 million in taxable sales in May 2021, the month s sales are the highest on record for the month of May and the fifth highest month on record.
Year-to-date taxable sales reached $3.05 billion in May; the month s sales were 26.6% higher than sales in May 2020. Year-to-date sales were 26.0% higher than 2020, and 19.2% higher than 2019. Our community continues a healthy rebound from 2020. This is the first time we ve had sales over $600 million for three consecutive months, says Gregg Gothreaux, President and CEO of the Lafayette Economic Development Authority. LEDA s forecast through May shows the potential for another record-breaking year with projected taxable sales between $6.8 and $7.3 billion.