Iowa State University has resources in the Department of Economics to help you stay up to date on retail trade information. Fiscal Year 2015 retail trade analysis reports are now available from the Iowa Community Indicators Program (ICIP) website. These reports are produced annually for all counties and most cities with 250 or more residents.
New for this year, we’ve also developed an interactive application to explore broad retail trends across Iowa. The statewide overview shows long-term trends in total taxable sales. The MSA overview compares sales levels for Iowa’s nine MSA regions. The county overview shows average per capita sales and 30-year trends on a county-by-county basis. The peer group compares average per capita sales levels for rural counties, metropolitan core counties, and three other county groups. Find the retail overview here, and let us know what you think.
Highlights from this year’s analysis include:
• Iowa’s taxable retail sales collections topped $37.5 billion for the fiscal year ending June 30, 2015, up nearly 3.9 percent over the prior year on an inflation-adjusted basis.
• Iowa’s 21 metropolitan counties captured 68.6 percent of the state’s total taxable retail sales in FY2015.
• Statewide real sales per capita grew by 3.3 percent over the prior year, averaging $12,040 during FY2015. Metropolitan counties averaged $13,604 in per capita sales, while non-metro counties averaged $8,903 in per capita sales.
• Clay County had the highest per capita average among all counties, with $17,814 in per capita sales.
We’re always happy to answer questions about the retail trade analysis reports, so please call (515-294-2954) or send an e-mail (firstname.lastname@example.org) to Liesl Eathington in the Department of Economics if you have questions.