Analysis of retail trends and taxable sales for Guymon and Hooker, Oklahoma and Texas county

Key Points

• Taxable sales data indicates retail trends in Guymon and Hooker, affecting regional economic planning.
• The analysis showed a significant increase in taxable sales by 15% over three years, revealing growing consumer activity.
• Utilizing basic data, the study estimates trade area capture and pull factors for local retailers' performance.
• Findings underscore the importance of understanding retail dynamics for economic development strategies.

Abstract