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Consumer spending on automotive desires in Lafayette Parish shot up in April and continues to be very well ahead of past year’s totals.
Data from the Lafayette Economic Development Authority indicates product sales at auto areas shops, services stations and restore outlets are each individual above at minimum 15% of previous year’s totals and had been a month removed from some of the biggest months on record. It was section of an additional thirty day period of increased retail gross sales in the parish as total sales topped $699 million that thirty day period, a 6% enhance around April 2021.
Due to the chip scarcity and scarcity of new automobiles in Lafayette and throughout the country, several people are holding on to getting older vehicles alternatively of shopping for new types. Last month sales at auto sections in Lafayette Parish reached $10.3 million after reaching $11.3 million in March, the 1st time profits topped $10 million in consecutive months.
Income at assistance stations had been at $1.9 million following achieving $2.3 million in March, placing revenue 47% ahead of last calendar year. Sales at repair shops in April topped $4.9 million just after climbing to $7.8 million in March, putting income 16% in advance of past year.
In the metropolis of Lafayette, taxable income topped $475 million, the 2nd-highest overall for a thirty day period on history and just powering the $487 million collected in March.
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