2014 Franklin County Retail Report

Columbus Chamber
The Columbus Chamber provides connections, resources and solutions that help small businesses and Fortune 500 enterprises grow Central Ohio's economy.

After signs of a full recovery from the recession in 2012, retail in Franklin County showed mixed signals in 2013. Good news includes increasing retail employment and a continued drop in retail real estate vacancy rates. Retail categories such as motor vehicles and clothing stores have now shown four consecutive years of taxable expenditure growth. On the other hand, the county’s retail-based sales tax revenue fell back 1.9 percent in 2013 compared to the previous year, even though overall sales tax revenue rose 3.9 percent. This resumes a longer-term trend where retail comprises a smaller share of revenue.

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