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Scope 2000
Thirty-five years ago shopping centers barely dotted the retail landscape
of America. Today, the number of shopping centers surpasses 40,000 and the
shopping mall has become an integral part of the economic and social
fabric of this country. To help depict the significance of the shopping
center industry to the U.S. economy, ICSC has compiled data for the
shopping center industry in the U.S. and each of the 50 states and the
District of Columbia. These data represent the basic facts and economic
impacts of shopping centers.
Basic Facts and Economic Impacts - 1999*
State by State Index (Members Only)
GRAPHS COVERING THE 1967 THROUGH 1999 PERIOD
| UNITED STATES SUMMARY |
1996 |
1997 |
1998 |
1999 |
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| SHOPPING CENTER STATISTICS |
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** Number of shopping centers |
42,043 |
42,866 |
43,583 |
44,367 |
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** Total leasable retail area (sq. ft.) |
5.10 bil. |
5.23 bil. |
5.33 bil. |
5.46 bil. |
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** Number of adults shopping in centers monthly |
185.2 mil. |
187.0 mil. |
188.7 mil. |
190.5 mil. |
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| CONTRIBUTIONS TO LOCAL
ECONOMY |
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** Retail sales in shopping centers |
$948.7 bil. |
$1,016.0 bil. |
$1,066.1 bil. |
$1,155.4 bil. |
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** Percent of total nonautomotive retail sales |
51% |
51% |
51% |
51% |
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** State sales tax revenues from shopping centers |
$39.0 bil. |
$41.8 bil. |
$43.8 bil. |
$47.5 bil. |
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** Employment in shopping centers |
9,894,000 |
10,095,200 |
10,278,900 |
10,537,700 |
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** Percent of total nonagricultural employment |
8% |
8% |
8% |
8% |
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| NUMBER OF CENTERS BY SIZE |
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** Less than 100,001 sq. ft. |
26,497 |
26,928 |
27,317 |
27,699 |
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** 100,001 to 200,000 sq. ft. |
10,187 |
10,402 |
10,579 |
10,768 |
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** 200,001 to 400,000 sq. ft. |
3,471 |
3,588 |
3,688 |
3,833 |
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** 400,001 to 800,000 sq. ft. |
1,255 |
1,302 |
1,336 |
1,379 |
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** 800,001 to 1,000,000 sq. ft. |
259 |
265 |
276 |
285 |
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** More than 1,000,000 sq. ft. |
374 |
381 |
387 |
403 |
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| ECONOMIC INDICATORS |
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** Resident population (000) |
265,229 |
267,784 |
270,248 |
272,691 |
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** Total nonagricultural employment (000) |
119,568 |
122,704 |
125,920 |
128,664 |
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** Unemployment rate |
5.4% |
4.9% |
4.5% |
4.2% |
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** Per capita total personal income |
$24,431 |
$25,288 |
$26,482 |
$27,574 |
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In 1999, according to the National Research Bureau, there were a
total of 44,367 shopping centers in the United States. This total
increased by 1.8% from 43,583 shopping centers in 1998.
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The total leasable retail area of U.S. shopping centers was 5.46
billion square feet in 1999, an increase of 2.4% from 5.33 billion square
feet in 1998.
li>Retail sales in shopping centers increased 8.4% in
1999 to $1.16 trillion from $1.07 trillion in 1998, representing 51% of
total retail sales in the United States, excluding sales of automotive
dealers.
- In a typical month, 190 million adults shop at
shopping centers -- 94% of the population over 18 years of age.
- Retail sales in shopping centers generated $47.5
billion in state sales tax revenue in 1999, an increase of $3.7 billion
from 1998.
- Over 10 million people are employed in shopping
centers, or about 8% of the nonfarm employees in the United States.
State by State Index (Members Only)
*The information in this report has been compiled from a variety of sources, including:
- The number of shopping centers, the total leasable retail area and the top ten shopping centers
by size are from the National Research Bureau, publishers of the Shopping Center Directory. Some figures
are slightly adjusted by ICSC.
- The number of adults shopping in centers monthly is based on a nationwide telephone sample survey
of 1,020 adults conducted by International Communications Research, Inc., for ICSC.
- The level and percentage of retail sales in shopping centers is derived from total nonautomotive
retail sales data provided by the U.S. Department of Commerce, Bureau of the Census. Previous editions of
this report excluded sales of gasoline service
stations from data used in calculations. Consequently, the percentage of retail sales in shopping centers
reported in this edition are slightly lower than those reported previously.
- State sales tax revenues from shopping centers are calculated by using individual state sales tax
rates provided by Commerce Clearing House, Inc.
- Resident population counts are estimates based upon the latest information available from the
Bureau of the Census.
- Total nonagricultural employment and the unemployment rate are from the U.S. Department of Labor,
Bureau of Labor Statistics.
- Total personal income estimates are from the U.S. Department of Commerce, Bureau of Economic
Analysis.
ICSC has used the most current information available at the time of publication to produce this
report. Estimates at the national level are believed to be accurate within five percent of the actual
amounts. Estimates at the state level are believed to be
accurate within ten percent of the actual amounts.
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