South Florida real retail sales returned to growth mode in early 2024 after flatlining in the second half of 2023. Despite slowing from annual gains of over 17% in early 2022, real retail sales in the area continued to outpace national average gains, which remained muted.
South Florida Consumer Spending Growth Points to Continued Retail Rent Gains
Growing Retail Sales, a Return of International Tourists, and Lack of Space Support Positive Outlook
By Juan Arias
CoStar Analytics
May 1, 2024 | 6:49 P.M.
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