Report: Aspen retail sales sets record, eclipses $1 billion mark in ’21

Taxable sales in Aspen’s retail arena topped $1 billion for all of 2021, making it the first time the 10-figure mark has been cracked in a single calendar year.

Total sales rang up last year finished at $1,020,753,218, according to the city’s monthly sales tax consumption report issued Tuesday. The 2021 figures coasted past performances from previous years. That included 2020, which recorded $766,222,659 in taxable retail sales in Aspen, while 2019, a pre-pandemic year, amounted to $819,757,641 in total sales.

“This final month (December) rounds out aggregate collections for the year, and results in 2021 consumers outspending past cohorts by more than 33% and 24% in 2020 and 2019, respectively,” noted Pete Strecker, city finance director, in the report.

It also topped more recent years such as 2018 ($759,597,078 ), 2017 ($730,414,351), 2016 ($713,876,169) and 2015 ($666,049,387), according to previously released city sales tax records.

December closed out the year strong as it usually does, with retailers chalking up $147,705,780 in overall sales, beating the same month in 2020 by 56% and 2019 by 22%, the report said.

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Source: https://www.aspentimes.com/news/report-asp...