Retail will show a net positive through the rest of the year. Consumers will take advantage of the holiday sales. Retailers and developers are taking the back seat and waiting to see how the end of the year plays out. Analysts believe the sales increase will be short-lived and we will continue to see retail store closings of struggling locations at the beginning of next year. By the middle of next year retailers will have a better idea of the economy and if it will slide back into recession or continue to stabilize and improve.
The 2011 holiday season is expected to be great, but the market will return to below average in 2012. As the economy struggles to make a come back, retail will follow. Credit for retail and restaurant companies has gone down in quality over 2011. Real estate will be advancing in slow-growth mode.
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