Charlottesville’s regional economy remains resilient despite national concerns

CHARLOTTESVILLE, VA (CVILLE RIGHT NOW) – Amidst concerns over inflation and affordability across the country, Charlottesville received some good economic news in regard to retail sales in the third quarter of this year.

The Q3 report on local retail sales has been released by the Charlottesville Regional Chamber of Commerce and across the seven localities monitored by the chamber, sales tax revenue was up across the board.

Louisa County had the biggest jump in sales tax revenue since the mid-year report, growing by 8.54%. Charlottesville and Albemarle also saw growth of just over 3%. The locality that had the smallest gains in retail activity was Fluvanna with only 0.37% of an increase…

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