This weekend’s sales tax holiday on clothing, computers, books, and school supplies, means a lot to small businesses, said Rosemary Elebash, NFIB’s state director for Alabama. The holiday is July 19-21.
“When you combine a sales tax holiday with the usual back-to-school sales, you put people in the mood to shop, and that’s what our economy needs,” Elebash said.
Small business optimism dipped 1.7 points last month to 103.3, according to the latest NFIB Small Business Economic Trends report. State-specific data is unavailable. Overall, although small business optimism remains near historic levels, sales expectations and profits declined in June as uncertainty increased to levels not seen in over two years.
“The sales-tax holiday is going to help people get a bigger bang for their buck,” Elebash said. “NFIB is encouraging people to do their back-to-school shopping at small, locally-owned businesses.
“Small business is the engine that drives Alabama’s economy, so when you help small business, you help everybody.”