November 09, 2016
The Region 9 Economic Development District of Southwest Colorado (Region 9) has updated Retail Data for each of the five southwest Colorado counties. These reports measure how each community’s retail sales compare to other communities of similar size across the state. Communities that are doing well tend to be regional shopping or tourist centers.
“Bayfield and Pagosa Springs and Durango in particular are showing significant retail sales and compare positively to other communities their size,” said Laura Lewis Marchino, executive director of Region 9. “Cortez and Ignacio are also trending well.”
Retail trade sectors are also looked at to see whether there is a sales surplus, demonstrating whether communities are drawing in shoppers from outside the region, or leakage, identifying what goods are being purchased outside the region. Region 9 last updated this report in 2013and the current document is now on Region 9’s website and can be downloaded at www.scan.org, under regional data. If you have any questions, please contact Region 9 at 970-247-9621.
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