minneapolis-st. paul chart of the week | december 5, 2016
TRANSCRIPT
Minneapolis–St. Paul
Twin Cities residents plan to spend an average of $918 per household this holiday season
Chart of the week: December 5, 2016
• Metro-region shoppers are planning to spend $918 per household this holiday season, the highest amount since the St. Thomas Holiday Sentiment Survey began 15 years ago. The average is up $68 or 8 percent over last year. It is predicted that that Minneapolis-St. Paul residents will spend a cumulative $1.24 billion this holiday season.
Sources: JLL Research, University of St. Thomas
WHERE ARE MSP RESIDENTS SHOPPING?Most popular shopping centers for holiday gifts
Shopping malls/downtowns;
40%
Non-mall stores; 17%
Internet; 39%
Catalog/TV/phone;
5%
Planned spending by retail channel
8 Albertville Outlet Center
9 Arbor Lakes Area
7 Maplewood2 Rosedale
10 Downtown Minneapolis4 Ridgedale
1 Mall of America
6 Burnsville
3 Southdale5 Galleria