County Trade Pull Factor Report – July 2021

— Written By
en Español

El inglés es el idioma de control de esta página. En la medida en que haya algún conflicto entre la traducción al inglés y la traducción, el inglés prevalece.

Al hacer clic en el enlace de traducción se activa un servicio de traducción gratuito para convertir la página al español. Al igual que con cualquier traducción por Internet, la conversión no es sensible al contexto y puede que no traduzca el texto en su significado original. NC State Extension no garantiza la exactitud del texto traducido. Por favor, tenga en cuenta que algunas aplicaciones y/o servicios pueden no funcionar como se espera cuando se traducen.

English is the controlling language of this page. To the extent there is any conflict between the English text and the translation, English controls.

Clicking on the translation link activates a free translation service to convert the page to Spanish. As with any Internet translation, the conversion is not context-sensitive and may not translate the text to its original meaning. NC State Extension does not guarantee the accuracy of the translated text. Please note that some applications and/or services may not function as expected when translated.

Collapse ▲

NOTE: If you downloaded this report prior to August 5, 2021, additional county tier designation analyses were conducted and comments were added to clarify a key factor related to the Tier designations. Please download the revised report for a more complete understanding of the significance of adding County Trade Pull Factors to the North Carolina county tier status calculations. 

County Trade Pull Factors (CTPF) are a measure of a county’s retail strength and how that strength impacts nearby counties. It is tracked on a per capita basis using North Carolina Sales and Use Tax revenue data. This report argues that CTPF is an easy to calculate economic assessment tool that should be included in the state of North Carolina’s determination of a county’s Tier status.

Currently, there are four factors mandated by the North Carolina legislature that are used to determine a county’s tier designation:

  • Median household income
  • Population growth
  • Average unemployment rate
  • Adjusted property tax per capita

Adding CTPF, Trade Area Capture (TAC) – a measure of the per capita spending strength of the county, and Market Share (MS)  – a measure the percent of the state’s economy that the county generates, this report argues that the ‘pull’ a county’s economy has on an adjacent county has a significant impact on the ‘economic distress’ (or success) a county experiences and recommends these factors be considered when determining a county’s tier designation.

NORTH CAROLINA CTPF Report 21-1 – Revised

Written By

Mark Seitz, N.C. Cooperative ExtensionMark SeitzCounty Extension Director Call Mark Email Mark N.C. Cooperative Extension, Pender County Center
Updated on Sep 7, 2021
Was the information on this page helpful? Yes check No close
Scannable QR Code to Access Electronic Version