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Inflation Up, But Local Sales Up Even More

  • Inflation Up, But Local Sales Up Even More
    Inflation Up, But Local Sales Up Even More
At the halfway point of 2022, La Grange has already received nearly a million and a quarter dollars in sales tax revenue. That’s by far the most it’s ever notched in a six-month period. According to the U.S. Labor Department, inflation for the 12-month period ending May 2022 is 8.6%, the highest in 40 years. Local businesses, however, saw sales increase 13.4%, as reflected in sales taxes…

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