Economics Economic Indicators - Income and Poverty

Indicator – Total Retail Sales
Trend From 1990 to 2002, total retail sales increased by 64.0%.
Comparison Per capita retail sales in Tennessee were $13,449 for 2002. In 2002
Discussion
dollars, this represents a 1.2% increase over 2001.
Retail Sales: Estimated net sales for all establishments primarily engaged
in retail trade excluding those of wholesale and service establishments.
The total retail sales figures are as reported in Sales and Marketing
Management’s annual Survey of Buying Power. Sales figures are
establishment-based and include purchases by persons living outside of
Hamilton County. Figures have been adjusted to 2002 constant dollars
using the ‘‘Implicit Price Deflator: Personal Consumption
Expenditures/Total.’’
Year
Total Retail
Sales
2002 $
Total Retail
Sales
Nominal $
1990 $2,866,786 $2,193,484
1991 $2,971,450 $2,355,926
1992 $2,971,823 $2,424,327
1993 $3,282,628 $2,739,684
1994 $3,537,343 $3,014,438
1995 $3,603,553 $3,136,693
1996 $3,801,635 $3,380,335
1997 $3,889,656 $3,516,906
1998 $4,002,656 $3,651,607
1999 $4,137,919 $3,837,780
2000 $4,628,909 $4,399,853
2001 $4,801,007 $4,656,437
2002 $4,700,747 $4,700,747
Total Retail Sales
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$-
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Total Retail Sales 2002 $ Total Retail Sales Nominal $
Source: Sales and Marketing Management Survey of Buying Power