Steve
01-18-2008, 04:06 PM
This is a very interesting article. I am glad there has been a study on this.
What's your take? Do you think Walmart is helpful or no in local communities?
Why Wal-Mart may just be good for the U.S. (http://www.msnbc.msn.com/id/22719054/) - It may surprise — or even infuriate — critics, but a new study finds Wal-Mart benefits rather than harms the American economy.
That's the conclusion of a report just released by the Federal Reserve Bank of Minneapolis, which studied the "Wal-Mart effect" for 89 counties in its region over the past two decades. The study shows that between 1985 and 2003, personal income, overall employment and retail employment grew faster in counties with a Wal-Mart than in those without one.
What's your take? Do you think Walmart is helpful or no in local communities?
Why Wal-Mart may just be good for the U.S. (http://www.msnbc.msn.com/id/22719054/) - It may surprise — or even infuriate — critics, but a new study finds Wal-Mart benefits rather than harms the American economy.
That's the conclusion of a report just released by the Federal Reserve Bank of Minneapolis, which studied the "Wal-Mart effect" for 89 counties in its region over the past two decades. The study shows that between 1985 and 2003, personal income, overall employment and retail employment grew faster in counties with a Wal-Mart than in those without one.