STORE FRONT INDEX
What Is a StoreFront Business?
Store Front businesses are the heartbeat of the local economy – the shops that line the main streets and side streets of the local community. It’s the convenience store, dry cleaner, fitness center, hardware store, home remodeler, coffee shop, local restaurant and watering hole, the hair salon. The PYMNTS Store Front Business Index™ has assembled data on each and every one of these businesses across the U.S. and measures their vitality every single quarter. Think of it as your window into the health of this vital sector every 90 days.
2016 Q4 PYMNTS.com Store Front Index™
KEY FINDINGS INCLUDE:
Building Contractors/Service and Repair, fitness, and professional services companies showed the fastest growth in this quarter’s index, with growth rates of 5.1 percent, 4.6 percent and 3.9 percent, respectively.
Main Street USA boasted a 1.7 percent growth in Q3 2016.
Mountain and Southern states continued to score high in terms of employment and wages. The two regions grew by 3.7 percent in Q3 2016.