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JDEDZ PROJECT REVIEW
<br /> SEPTEMBER 2017
<br /> Figure 6
<br /> HOUSEHOLD AND MARKET DEMAND CALCULATIONS
<br /> Civic Economics removes vehicle purchases, restaurants and bars from dataset.
<br /> Civic
<br /> Per Household Demand ALH Economics
<br /> Motor Vehicle and Parts Dealers $5,048 $471
<br /> Home Furnishings and Appliance Stores $1,887 $1,930
<br /> Building Materials and Garden Equipment Stores $2,204 $2,254
<br /> Food and Beverage Stores $6,260 $6,403
<br /> Gasoline Stations $4,222 $4,318
<br /> Clothing and Clothing Accessories Stores $2,593 $2,652
<br /> General Merchandise Stores $5,092 $5,208
<br /> Food Services and Drinking Places $4,662 $0
<br /> Other Retail Group $4,590 $4,695
<br /> Total $36,558 $27,930
<br /> HH Demand as a Share of Income 25% 19.1%
<br /> Increase in Households, 2015-2028 6095
<br /> Civic
<br /> Market Area Demand Growth, 2015-2028 ALH Economics
<br /> Leaving household demand constant as a share of income
<br /> Motor Vehicle and Parts Dealers $30,770,182 $2,868,045
<br /> Home Furnishings and Appliance Stores $11,500,843 $11,763,232
<br /> Building Materials and Garden Equipment Stores $13,432,983 $13,739,355
<br /> Food and Beverage Stores $38,152,384 $39,023,758
<br /> Gasoline Stations $25,734,700 $26,319,218
<br /> Clothing and Clothing Accessories Stores $15,803,657 $16,164,314
<br /> General Merchandise Stores $31,036,468 $31,742,648
<br /> Food Services and Drinking Places $28,412,138 $0
<br /> Other Retail Group $27,976,200 $28,613,266
<br /> Total $222,819,555 $170,233,835
<br /> Sources:ALH Economic Impact Analysis,Bureau of Economic Analysis
<br /> Motor vehicle sales are the most problematic inclusion here. A more typical approach to
<br /> analyzing retail activity is to separate motor vehicle parts stores, which function like traditional
<br /> retailers and may be included in the JDEDZ, from those selling vehicles, which do not and will
<br /> not. In this case, the inclusion of vehicle sales in the analysis also serves to dilute the apparent
<br /> impact of the JDEDZ retailers. The ALH study counted $5,048 in annual vehicle purchase
<br /> expenditures as retail; the auto parts retail segment constitutes just $471 of that amount.
<br /> Eating and Drinking Establishments are also included in the retail segment for estimating
<br /> household consumer demand. Costco stores, of course, include limited on-site food services
<br /> Civic Economics 14
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