7 in 2010 versus a 34 decline in wholesale sales in

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Unformatted text preview: El Paso County in 2010. Ten years ago, the city captured 91.7% of taxable retail sales. As of 2010, its share of taxable retail sales had fallen to 86.1%, a decline of 5.6 percentage points from 2000 and 0.3% from 2009. Wholesale sales in Colorado decreased 8.7% in 2010 versus a 3.4% decline in wholesale sales in El Paso County during 2010. The “better” wholesale activity in El Paso County might be due to losses of manufacturers and wholesalers in prior years rather than a better business climate. Housing Construction and Commercial Activity A total of 1,627 permits for new, single-family homes and townhomes was recorded in 2010—a gain of 24.5% from 2009. This marked the first yearly increase since 2005. The growth was, to some extent, influenced by the first-time and trade-up home buyer tax credit programs in 2010. Average permit value decreased by 3.2%, from $342,485 in 2009 to $331,446 in 2010. 2012 Colorado Business Economic Outlook Townhome construction rose to 222 in 2010 from 201 permit...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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