Retail tRade analysis of oRegon Counties
Baker County Pull Factors
Abstract
Baker County Pull Factors
Abstract
The Rural Studies Program of Oregon State University has developed this retail trade analysis to provide descriptive information on retail sales and to assist economic development in Oregon counties. This report presents “county pull factors” that may assist county officials, business owners, and investors in assessing the strength of the existing retail business environment. Definition of pull factor The pull factor is the quotient of county per-capita sales and state per-capita sales (adjusted by the ratio of county per-capita income to state per-capita income). It can be used to estimate the extent to which a particular retail sector in a county draws customers from outside its boundaries. A pull factor greater than 1.0 implies that the county is pulling in customers from outside the county. A pull factor less than 1.0 implies that the county is losing customers to competing
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The Rural Studies Program of Oregon State University has developed this retail trade analysis to provide descriptive information on retail sales and to assist economic development in Oregon counties. This report presents “county pull factors” that may assist county officials, business owners, and investors in assessing the strength of the existing retail business environment. Definition of pull factor The pull factor is the quotient of county per-capita sales and state per-capita sales (adjusted by the ratio of county per-capita income to state per-capita income). It can be used to estimate the extent to which a particular retail sector in a county draws customers from outside its boundaries. A pull factor greater than 1.0 implies that the county is pulling in customers from outside the county. A pull factor less than 1.0 implies that the county is losing customers to competing
Key concepts: Retail trade, Per capita, Retail sales, Per capita income, Business, Economic base analysis, State (computer science), Descriptive statistics