Total retail sales within the city have
increased approximately 15% since 1993 (adjusted for
inflation). There is a close correlation between retail
sales and the strength of local fisheries. In 1995,
after a record- breaking salmon season, retail sales
climbed 9%. In the second half of 1996, when the salmon
harvest dropped and prices fell, retail sales went
down approximately 10-to-12%. Overall, the highs and
lows of our diversified economy counter balance each
other and the average sales tend to be fairly consistent
as you can see from the 4 quarter average in the graph
above.