Alabama Spending On Track For Another Big Holiday Season

Holiday sales in Alabama could grow by double digits for the second year in a row, according to the Alabama Retail Association. Alabamians spent 11.6% more during November and December 2020 than they did during the same period in 2019, which was the highest holiday growth rate on record for the state. So far in 2021, taxed sales in Alabama have grown almost 20% over 2020. For the three most recent months with numbers available, sales growth has been 12%. As much as an 11% growth in 2021 holiday sales in Alabama over the traditional holiday spending months of 2020 is expected, even though in early predictions, national economists predict holiday sales will grow approximately 7% this year. Seven percent growth would place taxed spending in Alabama in the last two months of the year at $14.79 billion, while 11% growth would put that total at $14.80 billion. The association’s holiday growth prediction is for all holiday taxed sales, including those from remote sellers.