Shopping Snapshot

You may have heard that Americans now do all of their shopping online. But it’s too soon to write shopping off as a national pastime just yet. In fact, shopping centers across the nation are seeing steady increases in sales this spring and summer, benefiting the economy. Jobs at the mall are also up.

Written by Yardi Blog Staff

08 / 09 / 13

1 min read

You may have heard that Americans now do all of their shopping online. But it’s too soon to write shopping off as a national pastime just yet.

In fact, shopping centers across the nation are seeing steady increases in sales this spring and summer, benefiting the economy. Jobs at the mall are also up. And in the good news category for commercial real estate companies, net operating income for shopping centers showed a steady upward trend in Q2 2013.

These observations are culled from a dynamic infographic from the International Council of Shopping Centers (ICSC), shared below. What are shoppers spending more of their money on this year than last? Groceries, jewelry and home furnishings lead the way.

Have you been spending more time at the mall this year? Are leasing conditions strong in your local retail market?

Thanks to the ICSC blog for permission to share this graphic.

AUTHOR

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