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Retail Sales Growth Improves

Looking ahead to the holiday season, filled centers have the potential to provide the strongest consumer spending in years, as occupancy remains steadfast at all-time highs, reaching 94.6% in third quarter.

By Lisa Brown | Updated on October 27, 2017

Preston Oaks Retail centers such as Regency Centers’ Preston Oaks continue on a growth path.

DALLAS—Retail sales improved notably again in September, according to business executives responding to the Texas retail outlook survey by the Dallas Federal Reserve. The sales index surged 16 points to 32.8 in September, its highest reading in three years, GlobeSt.com learns. Inventories increased at a slower pace last month.

Labor market measures indicated slight employment gains and longer workweeks. The employment index edged up to 0.9. The hours worked index fell from 11.3 to 5.1.

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