Mar 24, 2014
Amarillo National Bank: Economic Analysis Feb. 2014
AMARILLO - The local economy gained strength in February 2014 as retail sales and construction pushed higher, according to Amarillo National Bank. School additions and security projects were $20 million...
AMARILLO – The local economy gained strength in February 2014 as retail sales and construction pushed higher, according to Amarillo National Bank.
School additions and security projects were $20 million of the $80 million building permits issued in February 2014. Fed Ex, located on East I-40, and apartments in West Amarillo also added to the gain.
| Feb. 2014 | Jan. 2014 | Feb. 2013 | |
| Index* | 245.10 | 215.41 | 244.00 |
| Sales tax collections | $8,298,489 | $5,985,688 | $7,907,538 |
| New vehicle sales | 1,354 | 1,021 | 1,225 |
| Total workers employed | 130,038 | 130,038 | 131,500 |
| Building permits amount | $80,979,036 | $40,591,417 | $21,387,264 |
| Residential starts | 48 | 41 | 48 |
| Median home sold price | $142,900 | $149,900 | $124,000 |
| Natural gas | $5.18 | $4.11 | $3.16 |
| Milk | $21.40 | $19.70 | $18.25 |
| Cotton (per pound) | $76.00 | $74.50 | $72.90 |
*Base-100, January 1988
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