4th Quarter 2015 Economic Snapshot
Our Snapshot numbers increased another 1.5% in Q4 15. The 101.6 index figure is the highest since 2007. Overall, 2015 brought good growth to the economy that, unfortunately, might be difficult to repeat in 2016. We may be seeing some plateauing in Sales Tax, Housing, and Transient Occupancy Tax. Even the growth in Employment took a little breather in Q4. We certainly don't want to throw cold water on what has been a tremendous five year expansion, however our recent experience with the numbers indicates that a watchful eye going forward is warranted. View the full 4th Quarter 2015 Snapshot here.
CEO, Golden Valley Bank