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<br /> <br />MARKET ANALYSIS <br />City of Elk River, MN <br />Feasibility Study * <br />Page 12 <br />Recreation Expenditures Spending Potential Index: Finally, through the demographic <br />provider that B*K utilizes for the market analysis portion of the report, we can examine the <br />overall propensity for households to spend dollars on recreation activities. The following <br />comparisons are possible. <br /> <br />Table F – Recreation Expenditures Spending Potential Index4: <br /> <br />City of Elk River SPI Average Spent <br />Fees for Participant Sports 128 $154.85 <br />Fees for Recreational Lessons 123 $150.63 <br />Social, Recreation, Club Membership 122 $209.67 <br />Exercise Equipment/Game Tables 127 $97.36 <br />Other Sports Equipment 107 $8.54 <br /> <br />Secondary Service Area SPI Average Spent <br />Fees for Participant Sports 139 $167.63 <br />Fees for Recreational Lessons 138 $169.35 <br />Social, Recreation, Club Membership 135 $231.82 <br />Exercise Equipment/Game Tables 135 $103.54 <br />Other Sports Equipment 115 $9.22 <br /> <br />State of Minnesota SPI Average Spent <br />Fees for Participant Sports 105 $126.70 <br />Fees for Recreational Lessons 104 $128.04 <br />Social, Recreation, Club Membership 105 $180.80 <br />Exercise Equipment/Game Tables 108 $82.81 <br />Other Sports Equipment 110 $8.81 <br /> <br />Average Amount Spent: The average amount spent for the service or item in a year. <br />SPI: Spending potential index as compared to the national number of 100. <br /> <br /> <br />4 Consumer Spending data are derived from the 2006 and 2007 Consumer Expenditure Surveys, Bureau of Labor <br />Statistics. <br />APPENDIX B