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Updated over 9 years ago on . Most recent reply
Economic markers
Hello all,
Does anyone here have experience in the corporate world looking at economic markers of an area? I know that major chains invest in areas where they can make money, so a Costco, Whole Foods, or Trader Joes signifies a neighborhood getting better while a McDonalds, dollar store or oil change place does not. I'm looking to use these as a part of my case for why certain areas are worth investing in. In New Orleans I was on the board of one of our neighborhood organizations, and when approached by Whole Foods they let us know there were requirements for parking, average income, and traffic.