Civic Economics study correction

In October, we reported on a new study by Civic Economics (the Andersonville study) that found that locally owned businesses generate bigger economic benefits for communities. Civic Economics recently uncovered a small error in their calculations. In the corrected study, a few of the numbers are slightly altered, but the overall findings of the report remain unchanged. Specifically, the local stores generated $263 in sales per square foot (the original figure was $246) and the amount of money they retained in the local economy was $68 (rather than $73) for every $100 in sales. We've corrected our summary of the findings. - The New Rules Project.