Day 9 | The impact of cost of living expenses on consumer spending power
The rise in cost of living expenses has had a significant impact on consumer spending power this year. Today’s results reflect this as well as a slowdown in consumer spending which has contributed to a weakening in pedestrian traffic.
MRI OnLocation NYC Monthly Commentary – October 2024
Rise in October Pedestrian Traffic in NYC Signals Strong Momentum for Black Friday and Beyond Each month MRI OnLocation delivers insights on retail performance for downtowns. NYC retail hubs and shopping malls experienced a lively October compared to…