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PULL FACTORS AS A WAY OF DETERMINING LOCAL RETAIL STRENGTH Andrew T. Carswell & Douglas C. Bachtel University of Georgia December 15, 2009

Pull Factors As a Way of Determining Retail Strength

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This presentation, made in late 2009, highlights the various industry "pull factors" that existed in metro Atlanta counties given Census and retail sales data. The presentation was made before the Atlanta Regional Commission in downtown Atlanta.

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Page 1: Pull Factors As a Way of Determining Retail Strength

PULL FACTORS AS A WAY OF DETERMINING LOCAL RETAIL STRENGTH

Andrew T. Carswell & Douglas C. Bachtel

University of Georgia

December 15, 2009

Page 2: Pull Factors As a Way of Determining Retail Strength

Urban Initiative Counties

Page 3: Pull Factors As a Way of Determining Retail Strength

Similar to UI Counties

Page 4: Pull Factors As a Way of Determining Retail Strength

PULL FACTOR

Measures a county’s retail buying power that incorporates the effects of income and population on a county’s retail sales activity.

Page 5: Pull Factors As a Way of Determining Retail Strength

PULL FACTOR =

Sales Activity Index / Wealth Factor

• PF>1 could indicate that a county is selling to a greater market than just the local population.

• PF<1 may indicate that the county is losing shoppers to surrounding counties.

Page 6: Pull Factors As a Way of Determining Retail Strength

SALES ACTIVITY INDEX• Measures the county’s

share of total GA sales in a particular retail sector relative to the share of the state’s population.

• County % of Total GA Sales in Retail Sector/ County % of GA’s Pop’n.

Page 7: Pull Factors As a Way of Determining Retail Strength

WEALTH FACTOR

• Measures wealth in a county relative to the state as a whole.

• County Median Wealth/GA Median Wealth

Page 8: Pull Factors As a Way of Determining Retail Strength

OVERALL PULL FACTORS/RANK• Rockdale (1.40; 21)• Douglas (1.31; 29)• Fulton (1.13; 47)• Gwinnett (1.06; 57)• Cobb (1.01; 62)• Clayton (0.93; 70)• Cherokee (0.75; 87)• Dekalb (0.71; 93)• Henry (0.66; 102)• Fayette (0.64; 107)• Forsyth (0.55; 118)

Page 9: Pull Factors As a Way of Determining Retail Strength

PF – FOOD AND BEVERAGE STORES

Rockdale County

(1.43; 25)

Page 10: Pull Factors As a Way of Determining Retail Strength

PF – FOOD SERVICE AND DRINKING PLACES

Fulton

(2.10; 3)

Page 11: Pull Factors As a Way of Determining Retail Strength

PF – GENERAL MERCHANDISE

Douglas

(2.00; 15)

Page 12: Pull Factors As a Way of Determining Retail Strength

PF – CLOTHING AND CLOTHING ACCESSORIES

Fulton

(2.17; 8)

Page 13: Pull Factors As a Way of Determining Retail Strength

PF – FURNITURE/HOME FURNISHINGS

Gwinnett

(1.64; 12)

Page 14: Pull Factors As a Way of Determining Retail Strength

PF – MOTOR VEHICLES AND PARTS DEALERS

Rockdale County

(1.90; 8)

Page 15: Pull Factors As a Way of Determining Retail Strength

PF – GAS SERVICE CENTERS

Clayton

(1.11; 77)

Page 16: Pull Factors As a Way of Determining Retail Strength

PF – BLDG. MATERIALS/GARDEN SUPPLIES

Rockdale County

(2.30; 8)

Page 17: Pull Factors As a Way of Determining Retail Strength

PF – HEALTH/PERSONAL CARE STORES

Rockdale County

(1.40; 60)

Page 18: Pull Factors As a Way of Determining Retail Strength

WE THANK YOU FOR THE TIME WE THANK YOU FOR THE TIME TO SPEAK WITH YOU!TO SPEAK WITH YOU!

[email protected] (706) 542-4867

[email protected](706) 542-4894