Benchmark for Recovery, Sales Tax, Shows Positive in Gilroy

Gilroy’s local economy beat the state average for sales tax growth compared with this time last year, an important indicator of economic recovery, according to a new report from the city.

From April through June, Gilroy experienced a 10.1 percent growth, compared with 8.6 for Northern California and 6.9 for Southern California, according to the report.

City officials said that the growth, while slower than many would hope for, is expected to continue, along with a generally stronger recovery trend in the Silicon Valley's economy.

As a regional shopping destination, Gilroy benefits from sales tax income from non-residents, helping to boost the local economy.

Check the PDF for a list of the top sources for sales tax in Gilroy and a deeper look of how individual sectors are performing.