Tuesday, April 27, 2010


In the world of budget deficits, dramatic service reductions and "unacceptable tax increases" it is nice to highlight two positive stories about an economic uptick.

Ulster only local county to see growth in sales-tax revenue
(Reprinted from the Poughkeepsiejournal.com)

ALBANY — Sales-tax revenue in New York rose 4 percent in the first quarter of the year, with some of the state's largest retail areas showing signs of improvement after a year of declining sales, records show.
But while the state's sales-tax revenue grew by $223 million between January and March and the same period in 2009, the only local county to see an increase was Ulster, which was up 0.53 percent or $118,822.

Tuesday, April 27, 2010
Quarterly Home Sales Data Very Encouraging

(Reprinted from Ulster County NY Real Estate website)

According to results published by the New York State Association of Realtors, sales of single family homes in Ulster County rose 42.9% in the first quarter of 2010 when compared to the sales data from the first quarter of 2009. Could this be a prelude to a jump in Ulster County homes sales during the peak second quarter period as well?

1 comment:

Team Auerbach Member said...

An old expression:

"It is a recession when your neighbor is laid off from work. It is a depression when you are out of work."