L.A. Report On Wal-Mart 'Fundamentally Flawed'

The Center for Regional Employment Strategies critiques of the Los Angeles EDC's Wal-Mart report as "fundamentally biased."

1 minute read

February 17, 2004, 11:00 AM PST

By Chris Steins @planetizen

The Center for Regional Employment Strategies charges that the Los Angeles Economic Development Corporation's recent report on the economic impacts of Wal-Mart Supercenters on the Los Angeles economy is funamentally flawed in favor of Wal-Mart. (Original article is here: < http://www.planetizen.com/news/item.php?id=12007 > "The report utilizes a flawed methodology which relies far too heavily on theoretical assumptions to make unrealistic estimates of economic outcomes. As a result, the report's conclusions on Wal-Mart's effect on the region are highly speculative. The report's format is presented as a cost/benefit analysis of the potential economic effects Wal-Mart Supercenters would have on the region. In our opinion, the claimed benefits are over-inflated while the costs are grossly underestimated."

Thanks to Paula Sirola

FULL STORY: CRES Response to Release of LAEDC Wal-Mart report

Saturday, February 14, 2004 in Center For Regional Employment Strategies

Community / Economic Development California

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Learn More

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.