Estimated SurplusLeakage per Capita by Market Area

1
Understanding Your Economy Local Economic
Analysis Programs by OSU Extension OSU Dept.
of Agricultural, Environmental, Development
Economics

• The Retail Market Analysis Program helps you
  better understand the relative supply of and
  demand for retail goods within a locally-defined
  market area. The program helps rural or
  semi-rural communities understand the extent to
  which consumers are spending their retail dollar
  locally. Program components include
• Economic and demographic trend analysis
• Retail sales by sector including maps of the
  local market area and competing areas
• Retail surplus and leakage by economic sector
• Neighborhood retail analysis
• Economic development strategies

Economic development requires broad community
involvement led by local officials.  It also
requires coherent development strategies based
upon a thorough understanding of the local
economy.  OSU's Local Economic Analysis
Programs enable communities to gauge local and
regional economic conditions in order to develop
meaningful economic development strategies. 
Our Mission To serve as a resource for
education, training, and research assistance so
communities can identify and address
opportunities and issues that directly or
indirectly impact their regional and local
economies. Since 1986, we have worked with over
135 communities in Ohio and surrounding states to
better understand local issues and take steps
necessary to improve the economy.
Estimated Surplus/Leakage per Capita by Market
Area
Estimated Surplus/Leakage

• The Ohio Business Retention Expansion
  Initiative helps you to better understand the
  most important component of your communitys
  economy its existing businesses.
• Tools, customized training, and a statewide
  resource network enable local communities to
  engage in a formal dialogue with existing
  businesses.
• Since the programs inception in 1986, community
  officials in 87 of Ohios counties have learned
  key business information like the examples below.

How likely are you to expand your operation in
this community?
What local constraints to this expansion are you
facing?
For more information on these programs,
contact Gregory Davis Community Economics and
Business Programs Department of Agricultural,
Environmental, and Development Economics 231
Agricultural Administration 2120 Fyffe
Road Columbus OH 43210-1067  p.
614-292-6356 davis.1081_at_osu.edu
The Economic Impact Analysis Program helps you
understand how various sectors of your
communitys economy are inter-related. With
modeling, we are able to estimate the economic
value of a communitys civic convention center,
for example, to other economic sectors within
that community (see example).
Economic Impact by Sector