Austin is the most likely city to experience retail growth for the rest of 2009 and into 2010, according to a ranking today by Pitney Bowes Business Insight.
The report lists the top 10 U.S. metropolitan areas experts expect to experience quarterly retail sales growth for the remainder of 2009 and into the next year. The data includes figures from drug store, high-end, mid-tier and value retail sectors.Houston, Dallas and San Antonio also made the list, ranking third, fourth and fifth, respectively.
The New York-based global communication solutions provider compiled the research findings using MarketPulse, a market analysis tool that uses current macroeconomic variables to understand and predict store performance.
Austin Business Journal