New Analysis Refutes Findings of Wal-Mart Price Study
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/new-analysis-refutes-findings-walmart-price-study/Last November, the consulting firm Global Insight (GI) released a study that found that Wal-Mart saved U.S. consumers $263 billion in 2004. That works out to $2,329 for the average household — a striking degree of economic benefit. But a rigorous new analysis by the Economic Policy Institute (EPI), a non-profit think-tank, concludes that the GI study is “fraught with problems.”
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