Retail Sales Analysis of City of Jackson and Hinds County

By Phakhini Charukamnerdkanok (Kim)

Index
Cover Sheet
Pull Factors
City of Jackson Retail Sales Trend (Table) FY1998-FY2007
City of Jackson Retail Sales Trend (Chart) FY1998-FY2007
Hinds County Retail Sales Trend (Table) FY1998-FY2007
Hinds County Retail Sales Trend (Chart) FY1998-FY2007
Hinds County's Municiparities Retail Sales (Table) FY2007
Hinds County's Municiparities Retail Sales (Chart) FY2007
Percentage of Change in Retail Sales of City of Jackson and Hinds County (FY1998-FY2007)
Location Quotient
Location Quotient(Chart)
Population-Employment Ratio
Shift-Share Analysis

Sheet
(A)
(1)
(2a)
(2b)
(3a)
(3b)
(4a)
(4b)
(5)
(6a)
(6b)
(7)
(8)

City of Jackson & Hinds County's Pull Factors

City of Jackson(1)
Hinds County(2)
Mississippi

Retail Sectors
Automotive
Machinery, Equip, Supplies
Food & Beverage
Furniture and Fixtures
Public Utilities
Apparel & General Merchandise
Lumber & Building Materials
Miscellaneous Retail
Miscellaneous Services
Wholesales
Contracting
Recreation
Total

FY 2007
FY 2007
Per Capita Income Total Retail Sales
(Dollars)
(Dollars)
19,251
3,120,969,093
27,468
4,802,489,989
25,051
47,034,556,873

City of Jackson
704,744,821
160,345,066
547,660,325
122,797,603
335,827,209
433,588,090
235,438,625
332,074,816
207,471,040
32,795,735
3,765,450
3,120,969,093

Retail Sales(4)
(Dollars)
Hinds County
770,192,926
216,358,632
709,462,192
128,042,634
382,166,043
541,301,832
313,318,808
421,848,572
276,405,889
283,098,972
749,879,571
10,413,912
4,802,489,989

FY 2007
Populations
(Dollars)(3)
176,614
249,012
2,910,540

Mississippi
6,425,719,094
3,065,223,100
7,183,344,469
1,017,087,102
4,160,798,241
7,517,150,424
3,892,931,471
3,741,915,105
2,605,241,338
728,839,672
7,289,280,846
135,865,676
47,034,556,873

Trade Area Capture

251314.6213
271032.2759
2,910,540

Pull Factor*
1.42
1.09
1.00

Pull Factors
City of Jackson
Hinds County
2.35
1.28
1.12
0.75
1.63
1.05
2.59
1.34
1.73
0.98
1.24
0.77
1.30
0.86
1.90
1.20
1.71
1.13
4.14
0.10
1.10
0.59
0.82
2.19
1.09

(1) Metro Jackson Economic Development Alliance, FY 2006 http://www.jacksonms.gov/assets/planning/Hawkins%20Field%20D

(1) U.S. Bureau of Census, Quick Facts, FY 2006, http://quickfacts.census.gov/qfd/states/28/2836000.html and http://factfinder.c
(2) Hinds County Economic Development District, FY 2006, http://www.selecthinds.com/demographics.asp
(3) Regional Economic Information System, Bureau of Economic Analysis,
(4) Mississippi State Tax Commission, Annual Report, FY 2007

anning/Hawkins%20Field%20Data%20Sheet.pdf
000.html and http://factfinder.census.gov/servlet/ACSSAFFFacts?_event=Search&geo_id=&_geoContext=&_street=&_county=jackson+city&_cityTown=jackson+city&_state=04000U

wn=jackson+city&_state=04000US28&_zip=&_lang=en&_sse=on&pctxt=fph&pgsl=010

City of Jackson's Trend of Retail Sales by Sectors

FY1998

FY1999

FY2000

FY2001

FY2002

FY2004

FY2005

FY2006

FY2007

Automotive

Retail Sectors

712,480,646

748,742,921

786,276,939

774,060,216

776,645,187

754,714,902

742,851,004

727,219,984

737,260,911

704,744,821

Machinery, Equip, Supplies

174,890,810

196,342,782

212,370,847

173,960,448

159,425,972

158,096,149

133,359,400

141,751,048

168,842,038

160,345,066

Food & Beverage

524,413,243

551,943,720

546,442,821

563,931,563

557,318,313

563,052,200

596,735,199

582,882,981

566,207,154

547,660,325

Furniture and Fixtures

103,366,362

100,410,495

94,271,731

105,072,208

105,078,089

100,744,666

111,845,636

117,293,249

129,169,697

122,797,603

Public Utilities

181,466,993

198,265,897

225,284,465

311,203,054

277,481,400

284,252,781

322,642,884

347,417,785

438,735,163

335,827,209

Apparel & General Merchandise

448,438,299

463,142,000

451,345,009

423,020,250

438,139,761

427,322,713

417,894,408

411,900,792

435,047,290

433,588,090

Lumber & Building Materials

244,774,380

269,876,158

257,332,299

208,582,424

196,998,471

217,341,361

247,377,521

259,314,763

266,730,676

235,438,625

Miscellaneous Retail

362,106,000

378,465,158

401,948,454

422,735,499

437,986,904

367,341,396

378,280,084

342,797,051

341,246,525

332,074,816

Miscellaneous Services

195,687,374

221,541,738

197,005,572

159,641,224

150,786,113

161,143,054

160,236,370

165,382,284

213,060,824

207,471,040

n/a

n/a

n/a

n/a

n/a

n/a

31,708,820

30,338,355

19,297,115

37,136,189

30,626,380

32,795,735

Wholesales

n/a

Contracting

26,249,344

Recreation
Total

n/a
29,465,282

n/a
30,997,755

n/a
31,493,887

FY2003

5,485,028

4,828,859

3,686,866

3,759,356

3,756,763

4,108,855

3,405,462

3,265,564

3,739,935

3,765,450

2,979,358,478

3,163,025,012

3,206,962,763

3,177,460,135

3,135,325,796

3,068,456,437

3,133,946,730

3,136,361,694

3,336,042,431

3,120,969,093

City of Jackson Retail Sales Trend

3.5E+09

3E+09

Recreation

2.5E+09

Contracting
Wholesales
Miscellaneous Services

2E+09

Miscellaneous Retail
Lumber & Building Materials
Apparel & General Merchandise
Public Utilities

1.5E+09

Furniture and Fixtures

Food & Beverage
Machinery, Equip, Supplies

1E+09

Automotive

500000000

0
FY1998 FY1999 FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007

Hinds County's Trend of Retail Sales by Sectors

FY1998

FY1999

FY2000

FY2001

FY2002

FY2004

FY2005

FY2006

FY2007

Automotive

Retail Sectors

771,817,430

811,412,148

850,375,619

831,888,618

845,882,313

839,293,587

838,154,643

833,736,166

803,730,252

770,192,926

Machinery, Equip, Supplies

243,923,194

296,548,284

303,764,975

234,373,609

214,135,239

196,072,312

160,829,870

183,655,210

242,502,079

216,358,632

Food & Beverage

650,624,058

672,585,942

664,407,239

675,376,851

670,142,030

683,705,462

721,601,866

717,899,941

718,951,764

709,462,192

Furniture and Fixtures

107,450,069

104,731,480

96,665,131

107,281,156

107,183,591

107,271,760

114,951,425

119,318,864

133,892,690

128,042,634

Public Utilities

203,548,169

218,397,681

245,808,798

337,783,440

305,480,240

314,871,027

360,836,372

386,285,613

487,907,841

382,166,043

Apparel & General Merchandise

498,766,270

512,153,323

498,095,306

501,158,263

526,172,233

520,855,803

537,409,383

510,821,862

548,160,915

541,301,832

Lumber & Building Materials

272,027,704

298,174,547

299,102,300

233,919,242

226,002,720

244,433,463

284,247,895

298,352,850

325,048,016

313,318,808

Miscellaneous Retail

402,250,591

426,215,769

466,531,829

493,456,083

506,177,491

444,404,349

465,078,842

429,542,606

428,109,784

421,848,572

Miscellaneous Services

216,472,732

247,623,589

264,735,124

205,239,716

182,156,317

208,403,448

185,419,975

187,474,602

187,474,602

276,405,889

Wholesales

262,194,994

254,747,643

235,941,555

241,540,599

251,198,319

258,379,283

269,687,948

279,825,276

297,530,534

283,098,972

Contracting

501,690,033

509,291,511

605,905,960

494,460,506

483,303,650

443,502,323

456,441,918

514,083,314

660,671,018

749,879,571

Recreation

9,474,528

9,480,471

7,238,662

8,037,955

7,710,959

8,083,063

7,312,673

6,900,482

10,625,031

10,413,912

4,140,239,774

4,361,362,389

4,538,572,504

4,364,516,044

4,325,545,108

4,269,275,886

4,401,972,816

4,467,896,791

4,926,573,468

4,802,489,989

Total

FY2003

Hinds County Retail Sales Trend (FY1998-FY2007)

6E+09

5E+09

Recreation
Contracting

4E+09

Wholesales
Miscellaneous Services
Miscellaneous Retail
Lumber & Building Materials

3E+09

Apparel & General Merchandise

Public Utilities
Furniture and Fixtures
Food & Beverage

2E+09

Machinery, Equip, Supplies

Automotive

1E+09

0
FY1998 FY1999 FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007

Hinds County's Municipality Total Retail Sales (FY2007)

FY 2007
Total Retail Sales
(Dollars)

City
Bolton
Clinton
Edwards
Jackson
Learned
Raymond
Terry
Utica
Total

11,983,961
322,129,852
5,075,124
3,120,969,093
n/a
13,179,558
11,664,891
11,711,673
3,496,714,152

Hinds County's Municipalities Total Retail Sales (FY2007)

0%
1%

0%

0%

0%

0%

1%
0%

9%

89%

City

Bolton

Clinton

Edwards

Jackson

Learned

Raymond

Terry

Utica

Percentage of Change in Retail Sales of City of Jackson and Hinds County (FY1998-FY2007)

Retail Sectors
Automotive
Machinery, Equip, Supplies
Food & Beverage
Furniture and Fixtures
Public Utilities
Apparel & General Merchandise
Lumber & Building Materials
Miscellaneous Retail
Miscellaneous Services
Wholesales
Contracting
Recreation
Total

City of Jackson
Retail Sales(Dollars)
FY1998
FY2007
712,480,646
704,744,821
174,890,810
160,345,066
524,413,243
547,660,325
103,366,362
122,797,603
181,466,993
335,827,209
448,438,299
433,588,090
244,774,380
235,438,625
362,106,000
332,074,816
195,687,374
207,471,040
n/a
n/a
26,249,344
32,795,735
5,485,028
3,765,450
2,979,358,478 3,120,969,093

%Change
-1.09%
-8.32%
4.43%
18.80%
85.06%
-3.31%
-3.81%
-8.29%
6.02%
24.94%
-31.35%
4.75%

Hinds County
Retail Sales(Dollars)
FY1998
FY2007
771,817,430
770,192,926
243,923,194
216,358,632
650,624,058
709,462,192
107,450,069
128,042,634
203,548,169
382,166,043
498,766,270
541,301,832
272,027,704
313,318,808
402,250,591
421,848,572
216,472,732
276,405,889
262,194,994
283,098,972
501,690,033
749,879,571
9,474,528
10,413,912
4,140,239,774 4,802,489,989

%Change
-0.21%
-11.30%
9.04%
19.16%
87.75%
8.53%
15.18%
4.87%
27.69%
7.97%
49.47%
9.91%
16.00%

Location Quotient
Hinds County

Mississippi

Industrial Sector

2001

2006

Forestry, fishing, and related activities

297
1,270
1,168
7,788
8,870
6,691
19,070
4,448
6,512
9,863
4,503
9,735
2,777
10,726
4,221
17,863
2,430
10,984
9,512

320 0.21% 0.24%

974 0.90% 0.73%
1,010 0.83% 0.75%
7,860 5.53% 5.87%
5,925 6.30% 4.43%
6,116 4.75% 4.57%
16,397 13.55% 12.25%
4,107 3.16% 3.07%
3,256 4.63% 2.43%
8,482 7.01% 6.34%
5,768 3.20% 4.31%
12,213 6.92% 9.12%
2,471 1.97% 1.85%
10,766 7.62% 8.04%
4,787 3.00% 3.58%
19,177 12.69% 14.32%
2,255 1.73% 1.68%
10,548 7.81% 7.88%
9,452 6.76% 7.06%

20,056
8,904
8,156
86,020
205,517
39,102
172,384
48,992
19,226
47,128
32,070
48,081
10,898
54,206
17,685
111,908
27,404
106,631
76,930

140,729

133,890

1,143,299 1,206,584

Mining
Utilities
Construction
Manufacturing
Wholesale trade
Retail trade
Transportation and warehousing
Information
Finance and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Management of companies and enterprises
Administrative and waste services
Educational services
Health care and social assistance
Arts, entertainment, and recreation
Accommodation and food services
Other services, except public administration

Total

2001(%)

100.00%

2006(%)

100.00%

2001

2006

2001(%)

17,500 1.75%
9,017 0.78%
8,151 0.71%
102,469 7.52%
180,806 17.98%
41,078 3.42%
176,460 15.08%
54,074 4.29%
16,942 1.68%
48,560 4.12%
40,628 2.81%
56,960 4.21%
10,017 0.95%
73,077 4.74%
21,028 1.55%
127,431 9.79%
19,165 2.40%
115,758 9.33%
85,457 6.73%
100.00%

ssissippi
2006(%)

LQ2001 LQ2006

1.45%
0.75%
0.68%
8.49%
14.98%
3.40%
14.62%
4.48%
1.40%
4.02%
3.37%
4.72%
0.83%
6.06%
1.74%
10.56%
1.59%
9.59%
7.08%

0.12
1.16
1.16
0.74
0.35
1.39
0.90
0.74
2.75
1.70
1.14
1.64
2.07
1.61
1.94
1.30
0.72
0.84
1.00

0.16
0.97
1.12
0.69
0.30
1.34
0.84
0.68
1.73
1.57
1.28
1.93
2.22
1.33
2.05
1.36
1.06
0.82
1.00

100.00%

1.00

1.00

2001
2006

Other services, except public administration

Accommodation and food services

Arts, entertainment, and recreation

Health care and social assistance

Educational services

Administrative and waste services

Management of companies and enterprises

Professional, scientific, and technical services

Real estate and rental and leasing

Finance and insurance

Information

Transportation and warehousing

Retail trade

Wholesale trade

Manufacturing

Construction

Utilities

Mining

Forestry, fishing, and related activities

Location Quotient

25,000

20,000

15,000

10,000

5,000

Population-Employee Ratio
Industrial Sector
Forestry, fishing, and related activities
Mining
Utilities
Construction
Manufacturing
Wholesale trade
Retail trade
Transportation and warehousing
Information
Finance and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Management of companies and enterprises
Administrative and waste services
Educational services
Health care and social assistance
Arts, entertainment, and recreation
Accommodation and food services
Other services, except public administration
Total

Population Estimate (FY2007) = 249,157

2006

320
974
1,010
7,860
5,925
6,116
16,397
4,107
3,256
8,482
5,768
12,213
2,471
10,766
4,787
19,177
2,255
10,548
9,452
133,890

Hinds County
Population-Employee Ratio
778.62
255.81
246.69
31.70
42.05
40.74
15.20
60.67
76.52
29.37
43.20
20.40
100.83
23.14
52.05
12.99
110.49
23.62
26.36

Shift-Share Analysis
Hinds County
Industrial Sector
Forestry, fishing, and related activities
Mining
Utilities
Construction
Manufacturing
Wholesale trade
Retail trade
Transportation and warehousing
Information
Finance and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Management of companies and enterprises
Administrative and waste services
Educational services
Health care and social assistance
Arts, entertainment, and recreation
Accommodation and food services
Other services, except public administration

Total

2001

2006

297
1,270
1,168
7,788
8,870
6,691
19,070
4,448
6,512
9,863
4,503
9,735
2,777
10,726
4,221
17,863
2,430
10,984
9,512

320
974
1,010
7,860
5,925
6,116
16,397
4,107
3,256
8,482
5,768
12,213
2,471
10,766
4,787
19,177
2,255
10,548
9,452

140,729

133,890

Mississippi

percent change

7.74%
-23.31%
-13.53%
0.92%
-33.20%
-8.59%
-14.02%
-7.67%
-50.00%
-14.00%
28.09%
25.45%
-11.02%
0.37%
13.41%
7.36%
-7.20%
-3.97%
-0.63%
-4.86%

2001

2006

20,056
8,904
8,156
86,020
205,517
39,102
172,384
48,992
19,226
47,128
32,070
48,081
10,898
54,206
17,685
111,908
27,404
106,631
76,930

17,500
9,017
8,151
102,469
180,806
41,078
176,460
54,074
16,942
48,560
40,628
56,960
10,017
73,077
21,028
127,431
19,165
115,758
85,457

1,143,299

1,206,584

ysis
Mississippi
percent change

-12.74%
1.27%
-0.06%
19.12%
-12.02%
5.05%
2.36%
10.37%
-11.88%
3.04%
26.69%
18.47%
-8.08%
34.81%
18.90%
13.87%
-30.06%
8.56%
11.08%
5.54%

Hinds County Shif-Share

Industrial mix Competitive Share
16.45 #
-54.30
60.85
70.36 #
-54.24
-312.12
64.71 #
-65.42
-157.28
431.46 #
1057.79
-1417.24
491.40 #
-1557.91
-1878.49
370.68 #
-32.56
-913.13
1056.48 #
-605.57
-3123.91
246.42 #
214.98
-802.40
360.76 #
-1134.37
-2482.39
546.41 #
-246.72
-1680.69
249.47 #
952.18
63.36
539.32 #
1258.42
680.26
153.85 #
-378.34
-81.51
594.22 #
3139.87
-3694.09
233.84 #
564.05
-231.90
989.61 #
1488.21
-1163.82
134.62 #
-865.20
555.58
608.51 #
331.65
-1376.17
526.96 #
527.36
-1114.32
7796.39 #
-6.62
-14628.77

Average growth