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A new study by researchers at the Federal Reserve Bank of Minneapolis suggests that Wal-Mart has a relatively small economic effect on communities where its stores are located and does not destroy local business.  

The study results challenge the arguments of many Wal-Mart critics, who say jobs and downtowns suffer when the retailing giant comes to town.  

Morning Edition host Cathy Wurzer talked with Terry Fitzgerald, a senior economist at the Federal Reserve and lead author on the study.

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A new study by researchers at the Federal Reserve Bank of Minneapolis suggests that Wal-Mart has a relatively small economic effect on communities where its stores are located and does not destroy local business.

A new study by researchers at the Federal Reserve Bank of Minneapolis suggests that Wal-Mart has a relatively small economic effect on communities where its stores are located and does not destroy local business.  The study results challenge the arguments of many Wal-Mart critics, who say jobs and downtowns suffer when the retailing giant comes to town.  Morning Edition host Cathy Wurzer talked with Terry Fitzgerald, a senior economist at the Federal Reserve and lead author on the study.

Study shows Wal-Mart has only small effect on surrounding economy

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