New Quality of Life Measure: Retail Percentage
Last week the Traverse City Record-Eagle, which does a decent job reporting on northwest Michigan’s population growth and business development, published an article with these facts. In 1997, shoppers in Grand Traverse County spent 58 percent of their money for retail sales in the Traverse City. Last year, according to a new economic analysis, the city attracted just 12 percent of those sales. As a measure of the quality of life, the percentage of retail sales held …