Andrew Edwards, Staff Writer
Posted: 10/21/2011 06:57:22 PM PDT
REDLANDS – Retail sales up and down the state – and particularly within the Inland Empire – lagged well below pre-recession levels last year, according to a recent University of Redlands analysis.
“The biggest (local) trend is actually the same as California. Everything has a long way to recovery,” University of Redlands business professor Xin Zhao said.
A ZIP code by ZIP code look shows that in much of San Bernardino County, 2010’s retail activity was 10 to 20 percent below 2007’s levels.
In some places, such as the urban cores of San Bernardino and Fontana and the more affluent Redlands, retail sales fell more than 20 percent below pre-recession levels.
The University of Redlands data showed a similar trend in Los Angeles, Riverside and Orange counties.
Only a few places – including ZIP codes in Long Beach, downtown San Diego, San Francisco, San Jose, Oakland and Long Beach – experienced retail growth.
The university’s comparison of 2007 and 2010 retail data shows RV sales – particularly important in the cities of Colton and Montclair – fell significantly, and car sales also fell.
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