Business in Red Lodge, based on resort tax revenue, was up significantly in July through September 2023, a huge 19% from the same period in 2022. That 19% figure has limited usefulness, since Red Lodge experienced a devastating flood in June of 2022, but the number is up, no matter how you slice it. Revenue in July through September 2023 is up 4% from the same period in 2021, despite the devastating flood in 2022. In 2021 and 2020 revenues in the July through September periods were up 29% and 31%, respectively, compared to the same period in the preceding year! Those levels are ridiculously unsustainable, obviously. Thanks to Bidenomics the national economy is doing great, with the inflation that started in the trump era now essentially zero (high prices now are due to corporate greed, more than anything). And we all know that plenty of tourists and wannabe residents are coming to Red Lodge, with overtourism becoming a problem in the summer. In a nutshell, if you’re struggling with a business in Red Lodge in this day and age the problem is your business model, not the economy.
From The Washington Post: