Wednesday, December 30, 2009

Retail Growth in the Region is Expected to Soar

A Pitney Bowes Business Insight study has ranked the Baltimore and Washington metro areas second and sixth in the nation respectively in expected retail sales growth. Out of the top six, these are the only two located outside of Texas. The report cited probable robust growth in local employment and local economic activity in both regions as factors driving the high rankings, as well as recent strong mid-tier, high-tier and drug store retail sales.