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Lawrence retail pull factor declines as tax takes hit
City tax data show 1995 to 2000 saw 2.1 percent annual growth in inflation adjusted sales taxes, then 0.0 to -0.9 percent from 2005 to 2009. The retail pull factor drops from 12 percent above state spending in 2006 to 1 percent below by 2009, while debates over Target, Home Depot, Walmart, and Lowe's illustrate concerns about overbuilding and local wages. City officials consider a Retail Task Force study to quantify how Lawrence loses retail spend to outside markets.
MENTIONED IN THIS ARTICLE
Lawrence
Chestnut
City Hall
Iowa Street
31St
Iowa Streets
Walmart
Sixth Street
Wakarusa Drive
Lowe’s
Folks Road
McClure
Commission
Douglas County
Costco
Johnson County