Using satellite imagery, we can closely measure mall traffic trends and correlate them with SSS estimates. Mall traffic for November 2010 has recently shown a steep rise. Remote Sensing Metrics parking lot traffic data correlates well with SSS, and, based on this relationship, we may be seeing an early sign that stronger November 2010 mall traffic is pointing to stronger same store sales.
- Regions: United States
- Authors: Jharonne Martis-Olivo (View Blog | View Bio)
- Products: Datastream
- Keywords: economics, employment, same store sales
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