9. EDSR 08-11-2008 - Laserfiche WebLink

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The following tables and charts depict pull factors in Elk River from 1990 to 2000* by merchandise category. Pull factors are a measure of trade area size that provide a useful measure of changes over time because they account for changes in population and state-wide industry trends. Category Descriptions Furniture: This group includes retail 2.50 stores selling goods used for furnishing the home such as furniture, floor coverings, draperies, glass and 2.00 chinaware, domestic stoves, refrigerators, and other household electric and gas appliances. 0 1.50 R u_ Automotive: Establishments selling a 1.00 new and used automobiles, boats, recreational vehicles and utility trailers, 0 50 and motorcycles and . mopeds; dealers selling new automobile parts and accessories; and gasoline 0 00 service stations. . Eating & Drinking: This major group incudes retail establishments engaged in selling prepared food and drinks for consumption on the premises. Also included are caterers which serve prepared food other than at the place of business and lunch counters and refreshment stands selling prepared foods and drinks for immediate consumption. Pull Factors by Merchandise Category (2 of 3) • ''. a' ---X ~~ -. -----• 90 91 92 93 94 95 96 97 98 99 00 Year -~ Furniture Automotive ~~ Eating & Drinking t Misc. Retail Pull Factors by Merchandise Category Elk River, 1990-2000 Eating & Year Furniture Automotive Drinking Misc. Retail Miscellaneous Retail: This category 1990 0.23 1.20 0.98 0.82 includes retail establishments not 1991 0.22 1.23 0.99 0.76 elsewhere classified. These establishments fall into the following 1992 0.21 1.20 0.82 0.63 categories: liquor stores; used 1993 0.24 1.31 0.88 0.61 merchandise stores; miscellaneous 1994 0.25 1.35 0.85 0.86 shopping goods stores; nonstore 1995 18 0 1 42 0 86 1 36 retailers, fuel dealers, florists, cigar . . . . stores and stands, news dealers and 1996 0.17 1.45 0.77 0.68 newsstands, and miscellaneous retail 1997 NA NA NA NA stores not elsewhere classified. 1998 0.25 1.10 1.01 0.73 1999 NA NA NA NA 2000 0.21 1.31 1.14 2.31 Change, '90 to '00 -5.01 % 8.89% 17.03% 180.60% Change, '98 to'00 -15.63% 18.79% 12.61% 215.69% *Due to a change in how firms are categorized beginning with fiscal year 2003 only data through fiscal These pull factors are calculated using taxable sales. Although taxable sales do not capture the full extent of , sales in stores with a large number of u n-taxed goods, like gr ocery and apparel stores, these data are audited year 2000 are presented in this by the Minnesota Department of Revenue. Since sales tax laws apply statewide, all cities are compared on the S@CtlOn. same basis. Page 6