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Business Development Series: C e n t e r f o r E c o n o m i c & B u s i n e s s D e v e l o p m e n t Oklahoma Trade Pull Factor Prepared By: Fui Ting Phang Director: Doug Misak April 2012 County Trade Pull Factor: County Trade Pull Factor (CTPF) in Oklahoma ranges from the minimum 0.15 in Osage county to the maximum 1.55 in Oklahoma county within the seventy-seven counties. County with Per Capita Sales greater than the Per Capita Sales of the state would result in a trade pull factor greater than 1.00. Trade pull factor greater than 1.00 represents that the local retail businesses are able to attract or capture more trade from nonresident consumers, and vice versa. Nine counties (11.7%) of Oklahoma’s seventy-seven counties had trade pull factors greater than 1.00 in the 2009 calendar year. Among these counties, Oklahoma and Tulsa took the lead with trade pull factors equal to 1.55 and 1.58 respectively. A higher trade pull factor of these two counties was partially accounted for by their diverse retail trade and large metropolitan areas, which attracted a wide majority of consumers. Other counties with trade pull factors greater than 1.00 include Beckham (1.39), Woodward (1.34), Garfield (1.17), Carter (1.11), Custer (1.10), Washington (1.06), and Woods (1.03). Counties of this grouping are shaded in dark blue on the map of county trade pull factor (page 10). The county trade pull factor map (page 10) displays five different color codes that grouped counties with the same range of trade pull factors under a given color coding. Counties with strong trade pull factors are highlighted in dark blue, which has a trade pull factor of 1.00 and higher. Counties with trade pull factors varying from 0.80 to 1.00 are colored in light blue. Thirty-nine counties with trade pull factors ranging from 0.40 to 0.79 are presented in white color. The remaining counties with trade pull factors spanning from 0.30 to 0.39 are shaded in yellow-green, and counties with trade pull factor lesser than 0.29 are displayed in green. Additionally, there are three numbers reported for each county Introduction: Trade Pull Factor measures the effectiveness of retail market performance, and its ability to attract resident and non-resident consumers to a particular region. This report presents the trade pull factor of Oklahoma’s seventy-seven counties and fifty cities on taxable goods and services. on the map of county trade pull factor (page 10), where the first number represents the county’s population in 2009; the second number refers to the trade pull factor for the given county; while the last number signifies the trade capture area. Trade Capture Area is computed by multiplying population by trade pull factor. It represents the number of ‘full time equivalent’ consumers making retail purchases in the region. 1 Eleven counties had trade pull factors varying from 0.80 to 1.00. These counties are shaded in light blue on the county trade pull factor map, which included Pittsburg and Payne (0.97), Jackson (0.95), Comanche (0.94), Pontotoc (0.93), Kay and Stephens (0.92), Cleveland (0.88), Muskogee (0.86), McClain (0.81), and Kingfisher (0.80). With the exception of Cleveland and Kingfisher counties that are located in or near the Oklahoma City metropolitan area, each of these eleven counties sites some distance away from the major metro areas, and each has at least one city serving as a central shopping point. These cities are Ponca City in Kay County; Stillwater in Payne County, Ada in Pontotoc County; Altus in Jackson County; Lawton in Comanche County; Muskogee in Muskogee County; Alva in Woods County; Norman in Cleveland County; Duncan in Stephens County; McAlester in Pittsburg County; Purcell in McClain County; and Kingfisher in Kingfisher County. The twelve counties shaded in yellow-green (page 10) had trade pull factors ranging from 0.30 to 0.39. Counties in this grouping include Harmon and Tillman (0.39); Pushmataha and Washita (0.38); Logan, Pawnee and Roger Mills (0.37); Love (0.36); Okfuskee (0.35); Johnston and Jefferson (0.33); and Adair (0.32). Counties in the last grouping had relatively small trade pull factors, lesser than 0.29 in 2009. These counties are Beaver, Cotton and Nowata (0.29); and Osage (0.15). Trade Pull Trend & Analysis: In 2009, eight of the following nine counties: Oklahoma, Tulsa, Woodward, Beckham, Garfield,
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Title | trade-pull-factors12 1 |
Full text | Business Development Series: C e n t e r f o r E c o n o m i c & B u s i n e s s D e v e l o p m e n t Oklahoma Trade Pull Factor Prepared By: Fui Ting Phang Director: Doug Misak April 2012 County Trade Pull Factor: County Trade Pull Factor (CTPF) in Oklahoma ranges from the minimum 0.15 in Osage county to the maximum 1.55 in Oklahoma county within the seventy-seven counties. County with Per Capita Sales greater than the Per Capita Sales of the state would result in a trade pull factor greater than 1.00. Trade pull factor greater than 1.00 represents that the local retail businesses are able to attract or capture more trade from nonresident consumers, and vice versa. Nine counties (11.7%) of Oklahoma’s seventy-seven counties had trade pull factors greater than 1.00 in the 2009 calendar year. Among these counties, Oklahoma and Tulsa took the lead with trade pull factors equal to 1.55 and 1.58 respectively. A higher trade pull factor of these two counties was partially accounted for by their diverse retail trade and large metropolitan areas, which attracted a wide majority of consumers. Other counties with trade pull factors greater than 1.00 include Beckham (1.39), Woodward (1.34), Garfield (1.17), Carter (1.11), Custer (1.10), Washington (1.06), and Woods (1.03). Counties of this grouping are shaded in dark blue on the map of county trade pull factor (page 10). The county trade pull factor map (page 10) displays five different color codes that grouped counties with the same range of trade pull factors under a given color coding. Counties with strong trade pull factors are highlighted in dark blue, which has a trade pull factor of 1.00 and higher. Counties with trade pull factors varying from 0.80 to 1.00 are colored in light blue. Thirty-nine counties with trade pull factors ranging from 0.40 to 0.79 are presented in white color. The remaining counties with trade pull factors spanning from 0.30 to 0.39 are shaded in yellow-green, and counties with trade pull factor lesser than 0.29 are displayed in green. Additionally, there are three numbers reported for each county Introduction: Trade Pull Factor measures the effectiveness of retail market performance, and its ability to attract resident and non-resident consumers to a particular region. This report presents the trade pull factor of Oklahoma’s seventy-seven counties and fifty cities on taxable goods and services. on the map of county trade pull factor (page 10), where the first number represents the county’s population in 2009; the second number refers to the trade pull factor for the given county; while the last number signifies the trade capture area. Trade Capture Area is computed by multiplying population by trade pull factor. It represents the number of ‘full time equivalent’ consumers making retail purchases in the region. 1 Eleven counties had trade pull factors varying from 0.80 to 1.00. These counties are shaded in light blue on the county trade pull factor map, which included Pittsburg and Payne (0.97), Jackson (0.95), Comanche (0.94), Pontotoc (0.93), Kay and Stephens (0.92), Cleveland (0.88), Muskogee (0.86), McClain (0.81), and Kingfisher (0.80). With the exception of Cleveland and Kingfisher counties that are located in or near the Oklahoma City metropolitan area, each of these eleven counties sites some distance away from the major metro areas, and each has at least one city serving as a central shopping point. These cities are Ponca City in Kay County; Stillwater in Payne County, Ada in Pontotoc County; Altus in Jackson County; Lawton in Comanche County; Muskogee in Muskogee County; Alva in Woods County; Norman in Cleveland County; Duncan in Stephens County; McAlester in Pittsburg County; Purcell in McClain County; and Kingfisher in Kingfisher County. The twelve counties shaded in yellow-green (page 10) had trade pull factors ranging from 0.30 to 0.39. Counties in this grouping include Harmon and Tillman (0.39); Pushmataha and Washita (0.38); Logan, Pawnee and Roger Mills (0.37); Love (0.36); Okfuskee (0.35); Johnston and Jefferson (0.33); and Adair (0.32). Counties in the last grouping had relatively small trade pull factors, lesser than 0.29 in 2009. These counties are Beaver, Cotton and Nowata (0.29); and Osage (0.15). Trade Pull Trend & Analysis: In 2009, eight of the following nine counties: Oklahoma, Tulsa, Woodward, Beckham, Garfield, |
Date created | 2013-07-02 |
Date modified | 2013-07-02 |