Plugging the leaks

Wednesday, March 23, 2005

If you are in a rural area, one of the traditional economic development strategies to follow involves "plugging the leaks". That involves building up the retail sectors in your region, so that money circulates more extensively before "leaking out" into the surrounding regions.

Here's an example of a community in southern Ohio following this approach. They contracted with Ohio University to complete their study. Read more.

And here's a report on what smaller cities -- like Pulaski, TN -- are doing to attract retailers. Learn more.

posted by Ed Morrison |

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