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Retail trade employment retail trade employment

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Unformatted text preview: ularly smaller firms. Colorado retail sales in November and December 2010 posted very strong gains, with much of the growth in categories usually not associated with the holidays, including auto dealers, gas stations, and building materials. National forecasts for 2011 holiday sales call for a gain similar to that in 2010 or perhaps a little weaker. A similar outcome is likely in Colorado. Structural changes in the industry make it very unlikely that retail will ever be the force in state job growth that it was when employment in the sector grew 3.5% annually during the 1990s. With and Parts General Year 2003 2004 2005 2006 2007 2008 2009 2010a 2011a 2012b Motor Vehicle and Parts Dealers 32.4 32.4 32.0 31.5 31.8 31.2 28.0 27.8 28.1 28.1 Food and General Merchandise Beverage Stores Stores 42.2 44.2 42.4 45.0 43.9 46.7 44.1 47.6 44.8 50.9 45.9 51.6 44.7 50.7 45.0 49.9 45.1 50.2 45.5 50.8 Other Retail 120.7 121.5 123.2 125.1 126.0 123.9 114.9 114.0 116.3 117.8 a Estimated. b Forecast. Sour...
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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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