Laserfiche WebLink
• County o ri on, 2006 <br /> for the whole <br /> It is important to review the retail performancecountyand not just 1ust the town, in isolation. For <br /> example, it is common for county seat towns to have above-average retail performance, while the county <br /> overall has a leakage of sales. This is usually because the county seat town doesn't have the critical mass <br /> of retail to attract the purchases of everyone in the county. By analyzing county data, town business people <br /> can develop strategies to recapture some of the sales being lost to other towns. For counties that have a <br /> local option sales tax, the analysis of county sales is extremely important, since lost sales are lost tax <br /> dollars. A thorough analysis of county sales can help county officials develop more meaningful economic <br /> development plans aimed at recapturing the lost sales. <br /> Share of County Sales <br /> The table below shows retail sales and 1% <br /> number of firms by merchandise category /-1 for Mounds View and Ramsey County in <br /> 2006. Mounds View accounted for 2 <br /> percent of the county's firms and 1 percent <br /> of the county's sales at the time. ■Mounds View <br /> 9900 0 Rest of Ramsey County <br /> Sales by Merchandise Category, Mounds View & Ramsey County, 2006 <br /> Mounds View Ramsey County City's Share of <br /> County Total <br /> Ill Taxable Taxable <br /> Sales Number of Sales Number of <br /> Merchandise Category ($millions) Firms ($millions) Firms Sales Firms <br /> Vehicles& Parts NA NA $191.02 155 NA NA <br /> Furniture Stores NA NA $136.83 193 NA NA <br /> Electronics NA NA $275.19 144 NA NA <br /> Building Materials NA NA $367.80 118 NA NA <br /> Food, Groceries $3.00 6 $276.19 384 1.1% 1.6% <br /> Health, Personal Stores NA NA $65.58 139 NA :;NA <br /> Gasoline Stations $2.03 4 $62.84 158 3.2% 2.5% <br /> Apparel NA NA $109.83 344 NA NA <br /> Leisure Goods $0.48 9 $148.92 353 0.3% 2.5% <br /> General Merchandise NA NA $465.64 79 NA NA <br /> Miscellaneous Retail $13.91 35 $201.89 1227 6.9% 2.9% <br /> Non-Store Retailers $0.13 12 $49.36 333 0.3% " 3.6% <br /> Amusement& Recreation NA NA $496.60 131 NA NA <br /> Accomodations NA NA $113.49 51 NA NA <br /> Eating & Drinking Places $15.42 16 $745.42 1079 2.1% 1.5% <br /> Repair, Maintenance $1.66 12 $101.63 523 1.6% 2.3% <br /> il Personal Service, Laundry $0.67 6 $94.03 576 0.7% 1.0%'. <br /> Total Sales* $42.30 144 $4,869.79 9,585 0.9% 1.5% <br /> Page 17 <br />