The Economic Development Pulse First Quarter 2016 | Page 13

Odessa Sales Tax Revenue 2013-2016

March

Economic Indicators

Economic Development

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Economic Indicators

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Data is provided by the Texas Comptroller of Public Accounts. The allocation historical summaries show the total dollars returned to a local sales taxing city. The payments are listed by month and totaled by year. Allocation amounts are dependent upon the timing and accuracy of taxpayers' returns, but generally represent taxes collected on sales made two months or more prior to the allocation payment.

Quarterly E.D. Updates

Odessa Economic Index

January 1996 - January 2016

The Odessa Economic Index continued to decline in January, falling sharply to 209.5 down from 213.3 in December and down 9.7% from the January 2015 OEI of 231.9. Under the new benchmarks per the revised employment data, that 231.9 in January 2015 marks the peak of the Odessa Economic Index in advance of the decline that remains underway in the Odessa general economy. For the full Index Report, click here.