Durant Economic Development Council Welcomes Dave Shideler - PowerPoint PPT Presentation

Durant Economic Development Council Welcomes Dave Shideler Extension Economist – Oklahoma State University Dave Shideler is the Community Development Specialist with the Oklahoma Cooperative Extension Service and Associate Professor of Agricultural Economics at Oklahoma State University. His extension program is best described as one of community sustainability. He aids communities in understanding macroeconomic conditions and their potential impact on rural Oklahoma, identifying appropriate strategies for economic development, and engaging in relevant and productive community dialogues about current issues, like hydraulic fracturing, or the future, such as strategic planning. In this capacity, he has led several regions through the Stronger Economies Together program. Additionally, his research focuses on the use of economic models and concepts to build rural economies through entrepreneurship and local food systems, as well as to enhance community resilience from climate variability.

Dave Shideler & Robert Bourne Oklahoma Cooperative Extension Service Presented October 10, 2016

10,000 12,000 14,000 16,000 18,000 20,000 2,000 4,000 6,000 8,000 0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

$10,000 $20,000 $15,000 $25,000 $30,000 $35,000 $5,000 $0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016

$400,000,000 $350,000,000 $300,000,000 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 $0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 Total Retail Sales Total Retail Sales (1980 dollars)

$900,000,000 $800,000,000 $700,000,000 $600,000,000 $500,000,000 $400,000,000 $300,000,000 $200,000,000 $100,000,000 $0 Ada Ardmore McAlester Denison Sherman Durant

40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0

80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Ada Ardmore McAlester Denison Sherman Durant Population Trade Area Capture

70,000 60,000 50,000 2012 40,000 2013 30,000 2014 20,000 2015 10,000 0 2016

2.50 2.00 1.50 1.00 0.50 0.00 Ada Ardmore McAlester Denison Sherman Durant

4 3.5 3 2.5 2012 2 2013 1.5 2014 1 2015 0.5 0 2016

Dave Shideler 323 Ag Hall Stillwater, OK 74078 405-744-6170 Dave.shideler@okstate.edu http://rd.okstate.edu

RS C = TAC C RS PCI S C X PCI P S S TAC c = trade area capture by city, RS c = retail sales by city, RS s = retail sales for the state, P s = state population, PCI c = per capita income by county, and PCI s = per capita income for the state

TAC C = PF C P C PF c = city pull factor, and P c = city population