Aid economy:
Spend money
in Cedar City
In the past month, Cedar City’s economy has taken
a hit.
Kmart announced its closing and a telemarketing company
was shut down by the Secret Service.
However, this does not mean that Cedar City’s economy
is in complete shambles.
There are many companies and businesses employing students
and helping the economy.
In fact, general merchandise sales in Cedar City have
increased 6 percent in the past quarter, said Clark Krause,
Cedar City director of economic development.
There is also healthy growth in manufacturing, which now
provides 25 percent of the jobs in Cedar City, he said.
NAMPAC came in November, providing 110 manufacturing jobs
and strongly boosting the economy.
Manufacturing, not retail, is the backbone of the economy,
but people pay more attention to retail because it affects
them more directly, Krause said.
He said Cedar City tries to recruit employers, such as
manufacturing companies, that pay higher wages because
people who make more money have more to spend on retail.
This keeps more money in the community.
Another reason students do not need to worry is because
businesses are always looking to expand their horizons.
“What I’ve learned is that if one (store)
goes down, another goes up,” Mayor Gerald R. Sherratt
told the University Journal.
He said city officials in Cedar City are trying to recruit
stores all the time, whether or not there is a vacancy.
For example, C-A-L Ranch Stores took over the building
Wal-Mart vacated when it moved and expanded.
Although Kmart is leaving, we are confident another store
will fill the space, especially because the building is
in a prime location and the building’s owner is
looking for a business to fill the vacancy.
There is a simple thing students, faculty and staff can
do to help improve the city’s economy: shop in Cedar
City.
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We understand that the selection of retailers in Cedar
City is limited, especially compared with St. George, Las
Vegas, and Salt Lake City, but we encourage students to
shop locally as often as they can.
Something students should look at is the price factor. With
gas and mileage added to the cost, shopping in Iron County
may be less expensive than traveling elsewhere.
If more money is earned and spent in Cedar City, then it
will stay in Cedar City’s economy.
As a result, retailers will be drawn here and the city will
collect more revenue from sales tax.
That will improve the city’s economy and consumer
choices.
Instead of giving up hope, we urge students to shop in Cedar
City and help improve the economy.
The opinion expressed above is the collective perspective
of the University Journal editorial board. The editorial
board meets every Tuesday at 6 p.m. in Room 172D of the
Sharwan Smith Center. Visitors are welcome.
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