Economic update: Prescott Valley thriving

Screen Shot 2015-03-04 at 8.08.02 AMPrescott Valley Tribune

Prescott Valley Economic Development Manager Greg Fister spoke to a group of local business owners, last week, regarding the latest developments in the retail world.

“We’ve done real well from a square-footage standpoint. These days, we’re holding onto the dollars,” Fister said.

Fister mentioned how the recession caused the town to take a 30 percent hit to its sales tax base, beginning in 2008.

Since the end of that time, the town has added 35 new commercial buildings totaling 984,000 square-feet.

Continued:

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