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Market Analysis for Downtown Redevelopment
<br />City of Centerville Economic Development Authority
<br />April 3, 2023
<br />Consumer Expenditure
<br />E-commerce Retail Sales
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<br />2.18Consumer Spending in Retail Categories In the Downtown Centerville PMA
<br />EstimateForecastGrowth
<br />202220272022-2027
<br />Apparel and Accessories$124,260,067$127,741,428$3,481,361
<br />Electronics$85,678,224$88,059,969$2,381,745
<br />Pets$42,042,174$43,205,730$1,163,556
<br />Toys$6,890,240$7,093,850$203,610
<br />Sporting Goods$10,704,445$11,021,930$317,485
<br />Books$6,102,298$6,262,420$160,122
<br />Groceries$313,590,443$322,328,377$8,737,934
<br />Restaurants$220,539,071$226,781,384$6,242,313
<br />Liquor$37,250,501$38,247,933$997,432
<br />Pharmacy$33,826,889$34,758,077$931,188
<br />Furniture and Home Improvement$110,020,690$113,084,633$3,063,943
<br />Household and Personal Care$74,328,448$76,416,986$2,088,538
<br />Total$1,065,233,490$1,095,002,716$29,769,226
<br />* Data is shown in 2022 Dollars, adjusted from ESRI projection. ESRI assumes 2.5% inflation.
<br />Source: US Census Bureau; ESRI; LOCi Consulting LLC
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