Sales Slip In Ocean Springs As Economy Struggles To Grow - WLOX.com - The News for South Mississippi

Sales Slip In Ocean Springs As Economy Struggles To Grow

OCEAN SPRINGS (WLOX) -- The doors of Bayview Furniture in Ocean Springs don't open quite as often as they used to.

"It's not good right now. The more they hear about recession, a gas price going up, everyone's holding onto their money right now," store manager Marsha Altstatt said.

Altstatt says sales in her store are down $100,000 compared to this same time last year.

"Post Katrina, it was really good. We were busy six days a week, opening to close. But in the past year, it's started to go down," Altstatt said.

A similar business bloat is being felt city wide. Sales tax revenue in Ocean Springs during the past five months is down about $200,000 compared to last year. If the current trend continues, revenues could fall nearly a half-million dollars.

We brought the numbers to Ward 6 Alderman James Hagan.

"It's not so much that these are down, it's just that last year was so high. It's going to be hard to keep that number up and sustain it for a long time," Hagan said.

City leaders did create a backup plan last year, in case retail sales began to slip, carrying over $1.5 million from the 2007 budget to 2008.

"It's not going to hurt us in any manner. It's just always nice to have more," Hagan said.

Altstatt says she could definitely use more customers. But with so much uncertainty in the national economy and record high gas prices, she's counting on tax refund checks to bring business back.

"We'll be able to hang on, but it's going to be tough," she said.

Alderman Jerry Dalgo says the seven months left in the fiscal year is plenty of time for the sales tax numbers to catch up, and the city has a healthy reserve. 

By Keli Rabon

  • NEWSMore>>

  • Police: Man stole $10k in jewelry from Pass Christian home

    Police: Man stole $10k in jewelry from Pass Christian home

    Monday, May 21 2018 4:49 PM EDT2018-05-21 20:49:55 GMT
    Pass Christian Police have an arrest warrant on Lindsey Adam Goshorn for the crime of grand larceny. (Photo Source: Pass Christian Police Dept.)Pass Christian Police have an arrest warrant on Lindsey Adam Goshorn for the crime of grand larceny. (Photo Source: Pass Christian Police Dept.)
    Pass Christian Police have an arrest warrant on Lindsey Adam Goshorn for the crime of grand larceny. (Photo Source: Pass Christian Police Dept.)Pass Christian Police have an arrest warrant on Lindsey Adam Goshorn for the crime of grand larceny. (Photo Source: Pass Christian Police Dept.)

    The Pass Christian Police Department is looking for a man who they say stole $10,000 worth of jewelry from a home in April. 

    More >>

    The Pass Christian Police Department is looking for a man who they say stole $10,000 worth of jewelry from a home in April. 

    More >>
  • 2 MS officers fired amid claims of police brutality

    2 MS officers fired amid claims of police brutality

    Monday, May 21 2018 4:38 PM EDT2018-05-21 20:38:21 GMT
    Barnett is still recovering from his injuries. He claims he was beaten so badly, he is currently unable to work and has to have surgery on his eye. (Photo source: WDAM)Barnett is still recovering from his injuries. He claims he was beaten so badly, he is currently unable to work and has to have surgery on his eye. (Photo source: WDAM)

    Two Laurel police officers have been terminated from the department following an internal investigation into allegations of police brutality.

    More >>

    Two Laurel police officers have been terminated from the department following an internal investigation into allegations of police brutality.

    More >>
  • Ocean Springs getting ready for golf carts on city streets

    Ocean Springs getting ready for golf carts on city streets

    Monday, May 21 2018 3:06 PM EDT2018-05-21 19:06:40 GMT
    A golf cart that meets Ocean Springs' legal standards can runs between $7,000 and $13,000. (Photo Source: WLOX)A golf cart that meets Ocean Springs' legal standards can runs between $7,000 and $13,000. (Photo Source: WLOX)
    A golf cart that meets Ocean Springs' legal standards can runs between $7,000 and $13,000. (Photo Source: WLOX)A golf cart that meets Ocean Springs' legal standards can runs between $7,000 and $13,000. (Photo Source: WLOX)

    Golf carts aren't just for for driving around on golf courses anymore.  At the end of the month, you'll see them on the streets of Ocean Springs.

    More >>

    Golf carts aren't just for for driving around on golf courses anymore.  At the end of the month, you'll see them on the streets of Ocean Springs.

    More >>
Powered by Frankly