The Changing Nature Of Retail – Economic Implications

On Wednesday, June 8, The Wall Street Journal had a story titled “Faded Malls Leave Cities In the Lurch.” Some notable excerpts: Sales taxes are a critical source of funding for many cities, typically second in size only to property taxes. They accounted for roughly 23% of all U.S. state and local tax collection in … Read moreThe Changing Nature Of Retail – Economic Implications

Retail Sales Per Capita Adjusted For Inflation

On December 14, Doug Short posted to his blog a chart showing retail sales per capita, adjusted for inflation (CPI).  The data is through November, as noted on the chart: (click on chart to enlarge image) Of course, this view of total retail sales, on a per-capita (factoring in population growth) basis – as well … Read moreRetail Sales Per Capita Adjusted For Inflation