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El Dorado consumers still spending

Sales tax revenues showing steady increases, but some local residents, merchants feeling economic pinch



If the United States is on the cusp of a recession, as many economists have suggested, you’d never know it by looking at El Dorado.

Wallets and purses around town seem to be wide open, even as consumers here and in other parts of the nation are facing record high prices for everything from gas to groceries.

The city’s sales tax numbers tell the story.

Looking at revenues from El Dorado’s 1cent general sales tax, more than $788,159 has been generated this year alone, with steady increases each month since January, according to city financial repo...
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