Cross Timbers Business Report, Volume 2, Number 2, Winter 1988 Page: 1
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Cross imbers Business Leport
Volume 2, No. 2
Winter, 1988
(Annual 'Surnmaries, 1 987I
Erath gross sales advance; others decline
Erath gross sales advance; others declineStrong gains in sales of manufactured
goods, transportation, and public utilities
helped to push Erath County gross sales to more
than $66 million in the second quarter of 1987.
The April-June sales total was 18.4 percent
higher than the figure for the same period last
year and 8.6 percent above the same three
months of 1985. Other advancing sectors of the
Erath County economy included wholesale and
retail trade. Only services and construction
registered declines. The second quarter's strong
sales advance helped push Erath County's gross
sales for the first six months of 1987 to $120.2
million. This figure represented increases of 6.3
percent and 5.4 percent over 1986 and 1985
totals.
City building permits
reflect weak year
Despite a strong performance in Novem-
ber, 1987 the annual dollar value of building
permits issued by the City of Stephenville re-
flected the lowest level of construction activity in
more than seven years.
Permits issued for the remodeling of the
Erath County courthouse and construction of
the Courthouse annex pushed the November
permit value to $2.7 million. These permits
contributed to a total of $6.5 million for all of
1987. This figure was 29.1 percent below the
value of the 1986 and 36.7 percent less than the
statistic for 1985.
The drop was more the result of an
erosion in average value of permit than a de-
crease in the number of permits issued. The
1987 tally reflected a total of 225 permits repre-
senting an average value of $29,059. The 1987
figure compares unfavorably to 1986, when 239
permits averaged $38,580 and to 1985, when
238 permits averaged $43,422 in value.Consistently weak gross sales contrib-
uted to Bosque County's total of $62.1 million
for the first six months of last year. The two
quarter aggregate was 7.3 percent below the
value of the same six months the year before and
29.2 percent off the 1985 pace. Comanche
C-ounty also exhibited weak performances to
accumulate a first half gross sales figure of
$57.5 million. This total was 8.2 percent less
than the January-June aggregate in 1986 and
6.5 percent below the 1985 performance.
Eastland County reported gross sales of
$107.5 million for the first two quarters of 1987.
This compares to $121.0 million for the same
period in 1986 and $110.3 million for 1985.
Hamilton County noted consistently anemic
gross sales activity which generated a total of
$37.6 million in the first half of 1987. This
aggregate was 2.2 percent less than the figure
for the year before but was 24.3 percent higher
than the same span in 1985.
Each quarter the office of the State
Comptroller releases data for gross sales for the
period ending five months previous. Second
quarter, 1987 figures are the latest available.
GROSS SALES, Area Counties$130
120
110
100
90
80
70 -
o 0so -
so -
40o -
20 -
10
0-January - June
1ZAOAiBosque Comanche Eastland
1985 j 1986 1987
Erath Hamilton
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Tarleton State University. Department of Social Sciences. Cross Timbers Business Report, Volume 2, Number 2, Winter 1988, periodical, Winter 1988; Stephenville, Texas. (https://texashistory.unt.edu/ark:/67531/metapth298178/m1/1/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Tarleton State University.