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Hampton Roads, VA : Retail Snapshot - Q2 2014

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Hampton Roads, VA : Retail Snapshot - Q2 2014

Following a strong start to 2014 retail sales, shoppers seem to have cured their “spring fever” shopping as sales leveled off in the second quarter.

Hampton Roads tourism experienced a 1.3% decline, lagging behind the national average of 6.2% growth. Despite this and reduced defense spending, shoppers are still showing confidence in the market by increasing spending on discretionary items.

Source : Cushman & Wakefield

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