Highlights. While mall foot traffic is up over the short-term (2.12% year-over-year*), 25% of the nation’s 1,200 malls are expected to close by 2028.
- The busiest malls had 12.0% more foot traffic in 2022 than in 2019 (pre-pandemic) and a 95% occupancy rate.
- From 2016 to 2024, a net 18,730 mall stores closed.
- 73% of consumers born between 1997 and 2012 (a.k.a. Gen Z) visit a mall in a month; among them, 82.2% go primarily to socialize.
- Shopping centers, including malls, collect as much as 24.3% of household retail spending, equivalent to $2.654 trillion in 2024.
- 52 million shoppers visit the nation’s busiest mall (Ala Moana Center in Honolulu, Hawaii) in one year; a typical mall shopping trip lasts one (1) hour.
*In the first half of 2025 (Jan-Jun), average weekly foot traffic was up compared to the first half of 2024.
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Mall Foot Traffic Growth
Mall foot traffic was up in the first half of 2025 compared to the same period in 2024, but still far below 2019 (pre-pandemic) traffic.
- Compared to the same period in 2024, the first half of 2025 saw a 1.8% uptick in visits to indoor malls and a 3.3% increase in visit length.
- In the first half of 2025, outlet malls saw the largest 6-year decline in visits (down 10.2%) compared to indoor malls (down 4.4%) and open-air shopping centers (up 0.25%).
- Monthly mall visits increased by an average of 3.08% between 2023 and 2024 following a 3.78% average year-over-year (YoY) decline.
- In 2022, traffic in top-performing malls was up 12.0% compared to 2019.
- In 2017, 56% of American adults reported at least one mall visit over a 30-day period.
Shopping Center Foot Traffic
Shopping centers include traditional malls as well as outlet malls, outdoor malls, and open-air “lifestyle centers.”
- Over three (3) years**, foot traffic in shopping centers nationwide increased at a compound annual growth rate (CAGR) of 1.01%.
- The average American adult visits a shopping center 5.2 times per month.
- U.S. consumers make a total of 1.3 billion monthly visits to shopping centers.
- There are 116,214 shopping centers in the U.S.
- Malls represent 1.03% of U.S. shopping centers.
**Data for 2025 weeks 11-13 (March).
Daily Mall Foot Traffic Statistics
The busiest mall in the U.S. averages 142,466 daily visitors.
- Most mall shoppers start their visits between 2 p.m. and 5 p.m.
- Malls are generally emptiest prior to 11 a.m.
- Shopping trips at indoor malls last a median 61 minutes.
- Shoppers at open-air malls spend a median 57 minutes per trip.
- Outlet mall shoppers spend a median 55 minutes per trip.
- 39% of mall visits include a food or beverage purchase.
Weekly Mall Foot Traffic Statistics
The world’s busiest mall (Dubai Mall in the United Arab Emirates) received an average 2.014 million weekly visitors in 2023.
- In the first 42 weeks of 2024, weekly mall foot traffic was up 1.12% YoY.
- In the first four (4) weeks of 2024, foot traffic was down an average of 4.35% YoY.
- Also in the last week of 2023, foot traffic was down 6.60% YoY for a total of five (5) weeks with an average of 4.80% less foot traffic YoY.
- In week 51 of 2023, however, mall foot traffic was up 19.2% YoY.
- 61.9% of shoppers prefer to shop on weekends as opposed to weekdays.
Monthly Mall Foot Traffic Statistics
December is usually the busiest month at the average mall, whether it’s indoor or open-air; March and the summer months also tend to see upticks.
- In 2023, indoor malls received 58.3% more foot traffic in December than in January of the same year.
- Open-air malls are less crowded in comparison with 40.8% more foot traffic in December than in January.
- February is the least crowded month at indoor (down 8.70% compared to January) and outdoor malls (down 8.40%).
- August was the most popular summer month for mall shopping in 2024; indoor mall foot traffic was up 27.3% over January while outdoor mall traffic was up 22.6%.
- From August 2023 to August 2024, foot traffic increased 7.93%.
- August 2022 to 2023 foot traffic increased 3.07%.
- August 2021 to 2022 foot traffic increased 3.00%.
- The average American mall patron spends 135 minutes in a mall over a 30-day period.
Annual Mall Foot Traffic Statistics
Malls are naturally busier during the holiday shopping season than during any other time of the year; this is when they receive the largest share of foot traffic.
- A 28.6% greater share of American adults visit malls during the holiday shopping season than in a typical 30-day period.
- Among the 72% of adults who visit malls during the holiday season, 93.1% shop.
- The busiest mall in the world is Dubai Mall in Downtown Dubai, UAE, which receives 105 million visitors in one year.
- The Ala Moana Center in Honolulu, Hawaii has 12 million more visitors in one year than the Mall of America in Bloomington, Minnesota.
- 40 million shoppers visit the Mall of America in one year, equivalent to 76.9% of annual traffic at Ala Moana.
- The eight (8) companies that own or manage 78% of mall properties made $21.46 billion in 2023.
- Among the eight (8) largest owners and/or managers of mall property in the U.S., the square footage of owned mall space has declined at a CAGR of 3.45%.
Mall Foot Traffic Demographics
Mall shopping appeals more to younger shoppers with more disposable income.
- 73% of consumers born between 1997 and 2012 (commonly referred to as Generation Z or Gen Z) visit a mall in a month.
- 65% of consumers born between 1981 and 1996 (also known as Millennials) visit a mall in a month.
- 60% of Gen Z consumers sometimes visit malls to socialize without intent to purchase.
- The average shopper at an indoor mall has a median income of $81,100 while shoppers at open-air lifestyle centers have an $87,300 median income.
- Open-air lifestyle centers attract the highest-income earners compared to the potential market, with a 15.5% difference in median income.
- Compared to indoor malls, shoppers at open-air lifestyle centers have a 7.64% higher median income.
- Also compared to indoor malls, the local potential market for open-air lifestyle centers has a higher median income (by 2.16%).
- Shoppers at outlet malls have a median income of $73,700, which is 4.69% higher than the local potential market’s median income ($70,400).
Mall Value Growth
The producer price index (PPI) indirectly measures the value of an industry; it reflects the prices a wholesaler or producer charges for goods or services.
- The PPI for malls and shopping centers increased 2.27% in 2024.
- Mall PPI increased more in 2022 (up 3.38% YoY) than in any year since 2005 (3.51% YoY).
- From 2020 to 2024, mall and shopping center PPI increased 8.82%.
Mall Store Growth
From 2016 to 2023, there were far more mall store closings than openings.
- In 2023, 3,620 mall stores closed while 5,270 new stores opened for a net 1,650 store openings.
- From 2021 to 2023, a net 8,160 mall stores opened.
- 2022 had the highest number of net openings (3,980).
- From 2017 to 2020, a net 24,950 mall stores closed.
- 2020 saw the highest number of net closings (11,650).
Mall Foot Traffic Decline
Multiple reasons for mall traffic decline include increased online shopping, stagnant wages, and a declining tolerance for unsupervised youth.
- In 2018, 20% of people preferred to shop online as opposed to in-store; by 2025, 70% of people preferred online shopping.
- In recent decades, dozens of malls have implemented parental escort policies.
- Once the nation’s largest indoor mall, the Mall of America bans unaccompanied minors under the age of 16 from 3 p.m. until close.
- No indoor megamall construction has been completed since 2006.
Mall Foot Traffic by State
Measurements taken over three years in the month of August show increased foot traffic in most states.
- Montana had the largest growth in terms of foot traffic from August 2023 to 2024, up 30.5%.
- West Virginia had the least growth in foot traffic from August 2023 to 2024, up 2.42%.
- Alaska had the largest decline in foot traffic from August 2023 to 2024, down 8.02%.
- Montana had the largest growth in foot traffic from August 2021 to 2024, up 48.0% for a CAGR of 13.96%.
- Alaska had the least growth from August 2021 to 2024, with 0.0% net growth.
Alabama Mall Foot Traffic Growth
Foot traffic in Alabama malls has a 3-year CAGR of -1.19% as of March 2025.
- Alabama’s August 2024 mall foot traffic was up 9.42% YoY.
- 2023 Alabama mall traffic was down 0.42% YoY after a 4.00% bump in 2022.
- 1,759 shopping centers in Alabama have an average 96.6% occupancy rate.
- Spending at Alabama shopping centers was equivalent to $28,071 per capita in 2023, up 2.54% YoY.
- Shopping center retail sales revenue represents 47.8% of Alabama’s GDP.
Alaska Mall Foot Traffic Growth
Foot traffic in Alaska malls has a 3-year CAGR of 3.98%. as of March 2025.
- Alaska’s August 2024 mall foot traffic was down 8.02% YoY.
- 2023 Alaska mall traffic was down 20.02% YoY after a 12.00% decline in 2022.
- 133 shopping centers in Alaska have an average 97.6% occupancy rate.
- Spending at Alaska shopping centers is equivalent to $21,271 per capita in 2023, up 4.68% YoY.
- Shopping center retail sales revenue represents 23.2% of Alaska’s GDP.
Arizona Mall Foot Traffic Growth
Foot traffic in Arizona malls has a 3-year CAGR of 2.70% as of March 2025.
- Arizona’s August 2024 mall foot traffic was up 9.23% YoY.
- 2023 Arizona mall traffic was up 2.77% YoY after a 4.00% increase in 2022.
- 2,753 shopping centers in Arizona have an average 95.3% occupancy rate.
- Spending at Arizona shopping centers is equivalent to $22,419 per capita in 2023, up 3.01% YoY.
- Shopping center retail sales revenue represents 32.8% of Arizona’s GDP.
Arkansas Mall Foot Traffic Growth
Foot traffic in Arkansas malls has a 3-year CAGR of -1.09% as of March 2025.
- Arkansas’ August 2024 mall foot traffic was up 11.1% YoY.
- 2023 Arkansas mall traffic was up 3.95% YoY after a 2.00% increase in 2022.
- 1,069 shopping centers in Arkansas have an average 97.0% occupancy rate.
- Spending at Arkansas shopping centers is equivalent to $28,001 per capita in 2023, up 2.77% YoY.
- Shopping center retail sales revenue represents 48.7% of Arkansas’ GDP.
California Mall Foot Traffic Growth
Foot traffic in California malls has a 3-year CAGR of 3.33% as of March 2025.
- California’s August 2024 mall foot traffic was up 8.84% YoY.
- 2023 California mall traffic was up 4.16% YoY after a 5.00% increase in 2022.
- 15,253 shopping centers in California have an average 95.1% occupancy rate.
- Spending at California shopping centers is equivalent to $21,494 per capita in 2023, up 3.52% YoY.
- Shopping center retail sales revenue represents 21.7% of California’s GDP.
Colorado Mall Foot Traffic Growth
Foot traffic in Colorado malls has a 3-year CAGR of 3.89% as of March 2025.
- Colorado’s August 2024 mall foot traffic was up 8.56% YoY.
- 2023 Colorado mall traffic was up 1.44% YoY after a 3.00% increase in 2022.
- 1,983 shopping centers in Colorado have an average 95.9% occupancy rate.
- Spending at Colorado shopping centers is equivalent to $25,146 per capita in 2023, up 3.15% YoY.
- Shopping center retail sales revenue represents 28.4% of Colorado’s GDP.
Connecticut Mall Foot Traffic Growth
Foot traffic in Connecticut malls has a 3-year CAGR of 4.29% as of March 2025.
- Connecticut’s August 2024 mall foot traffic was up 6.74% YoY.
- 2023 Connecticut mall traffic was up 5.26% YoY after a 6.00% increase in 2022.
- 1,540 shopping centers in Connecticut have an average 95.7% occupancy rate.
- Spending at Connecticut shopping centers is equivalent to $30,300 per capita in 2023, up 3.06% YoY.
- Shopping center retail sales revenue represents 32.2% of Connecticut’s GDP.
Delaware Mall Foot Traffic Growth
Foot traffic in Delaware malls has a 3-year CAGR of 3.80% as of March 2025.
- Delaware’s August 2024 mall foot traffic was up 12.9% YoY.
- 2023 Delaware mall traffic was up 0.13% YoY after a 1.00% decline in 2022.
- 277 shopping centers in Delaware have an average 95.5% occupancy rate.
- Spending at Delaware shopping centers is equivalent to $25,681 per capita, up 2.67% YoY.
- Shopping center retail sales revenue represents 28.3% of Delaware’s GDP.
District of Columbia Mall Foot Traffic Growth
Foot traffic in District of Columbia malls has a 3-year CAGR of 14.9% as of March 2025.
- D.C.’s August 2024 mall foot traffic was up 15.7% YoY.
- 2023 D.C. mall traffic was up 23.35% YoY after a 7.00% decline in 2022.
- 76 shopping centers in D.C. have an average 94.8% occupancy rate.
- Spending at D.C. shopping centers is equivalent to $17,674 per capita, up 0.49% YoY.
- Shopping center retail sales revenue represents 6.90% of D.C.’s GDP.
Florida Mall Foot Traffic Growth
Foot traffic in Florida malls has a 3-year CAGR of 2.13% as of March 2025.
- Florida’s August 2024 mall foot traffic was up 7.00% YoY.
- 2023 Florida mall traffic was up 2.00% YoY after a 3.00% increase in 2022.
- 10,768 shopping centers in Florida have an average 96.7% occupancy rate.
- Spending at Florida shopping centers is equivalent to $26,417 per capita, up 2.59% YoY.
- Shopping center retail sales revenue represents 37.8% of Florida’s GDP.
Georgia Mall Foot Traffic Growth
Foot traffic in Georgia malls has a 3-year CAGR of 2.50% as of March 2025.
- Georgia’s August 2024 mall foot traffic was up 6.17% YoY.
- 2023 Georgia mall traffic was up 1.83% YoY after a 2.00% increase in 2022.
- 4,701 shopping centers in Georgia have an average 96.5% occupancy rate.
- Spending at Georgia shopping centers is equivalent to $26,892 per capita, up 2.54% YoY.
- Shopping center retail sales revenue represents 36.8% of Georgia’s GDP.
Hawaii Mall Foot Traffic Growth
Foot traffic in Hawaii malls has a 3-year CAGR of 4.65% as of March 2025.
- Hawaii’s August 2024 mall foot traffic was up 10.4% YoY.
- 2023 Hawaii mall traffic was up 5.56% YoY after a 5.00% increase in 2022.
- 276 shopping centers in Hawaii have an average 94.9% occupancy rate.
- Spending at Hawaii shopping centers is equivalent to $21,113 per capita, up 3.37% YoY.
- Shopping center retail sales revenue represents 28.0% of Hawaii’s GDP.
Idaho Mall Foot Traffic Growth
Foot traffic in Idaho malls has a 3-year CAGR of 5.35% as of March 2025.
- Idaho’s August 2024 mall foot traffic was up 6.82% YoY.
- 2023 Idaho mall traffic was down 3.82% YoY after a 3.00% increase in 2022.
- 559 shopping centers in Idaho have an average 97.3% occupancy rate.
- Spending at Idaho shopping centers is equivalent to $24,685 per capita, up 1.84% YoY.
- Shopping center retail sales revenue represents 40.9% of Idaho’s GDP.
Illinois Mall Foot Traffic Growth
Foot traffic in Illinois malls has a 3-year CAGR of 3.11% as of March 2025.
- Illinois’ August 2024 mall foot traffic was up 8.50% YoY.
- 2023 Illinois mall traffic was up 1.50% YoY after a 1.00% increase in 2022.
- 4,403 shopping centers in Illinois have an average 95.1% occupancy rate.
- Spending at Illinois shopping centers is equivalent to $29,005 per capita, up 3.27% YoY.
- Shopping center retail sales revenue represents 33.6% of Illinois’ GDP.
Indiana Mall Foot Traffic Growth
Foot traffic in Indiana malls has a 3-year CAGR of 2.58% as of March 2025.
- Indiana’s August 2024 mall foot traffic was up 8.78% YoY.
- 2023 Indiana mall traffic was up 3.22% YoY after a 1.00% increase in 2022.
- 2,220 shopping centers in Indiana have an average 96.8% occupancy rate.
- Spending at Indiana shopping centers is equivalent to $28,723 per capita, up 3.23% YoY.
- Shopping center retail sales revenue represents 39.7% of Indiana’s GDP.
Iowa Mall Foot Traffic Growth
Foot traffic in Iowa malls has a 3-year CAGR of 1.46% as of March 2025.
- Iowa’s August 2024 mall foot traffic was up 6.76% YoY.
- 2023 Iowa mall traffic was up 3.24% YoY after a 3.00% decline in 2022.
- 620 shopping centers in Iowa have an average 97.3% occupancy rate.
- Spending at Iowa shopping centers is equivalent to $25,850 per capita, up 3.26% YoY.
- Shopping center retail sales revenue represents 33.3% of Iowa’s GDP.
Kansas Mall Foot Traffic Growth
Foot traffic in Kansas malls has a 3-year CAGR of 5.77% as of March 2025.
- Kansas’ August 2024 mall foot traffic was up 5.30% YoY.
- 2023 Kansas mall traffic was up 8.70% YoY after a 3.00% increase in 2022.
- 776 shopping centers in Kansas have an average 96.6% occupancy rate.
- Spending at Kansas shopping centers is equivalent to $27,954 per capita, up 2.49% YoY.
- Shopping center retail sales revenue represents 36.6% of Kansas’ GDP.
Kentucky Mall Foot Traffic Growth
Foot traffic in Kentucky malls has a 3-year CAGR of 0.95% as of March 2025.
- Kentucky’s August 2024 mall foot traffic was up 7.58% YoY.
- 2023 Kentucky mall traffic was up 4.42% YoY after a 3.00% decline in 2022.
- 1,172 shopping centers in Kentucky have an average 97.3% occupancy rate.
- Spending at Kentucky shopping centers is equivalent to $25,342 per capita, up 3.47% YoY.
- Shopping center retail sales revenue represents 41.3% of Kentucky’s GDP.
Louisiana Mall Foot Traffic Growth
Foot traffic in Louisiana malls has a 3-year CAGR of 0.46% as of March 2025.
- Louisiana’s August 2024 mall foot traffic was up 6.87% YoY.
- 2023 Louisiana mall traffic was up 0.13% YoY after a 14.0% increase in 2022.
- 1,362 shopping centers in Louisiana have an average 97.4% occupancy rate.
- Spending at Louisiana shopping centers is equivalent to $27,177 per capita, up 3.82% YoY.
- Shopping center retail sales revenue represents 40.1% of Louisiana’s GDP.
Maine Mall Foot Traffic Growth
Foot traffic in Maine malls has a 3-year CAGR of 0.62% as of March 2025.
- Maine’s August 2024 mall foot traffic was up 6.69% YoY.
- 2023 Maine mall traffic was up 6.31% YoY after a 6.00% decline in 2022.
- 283 shopping centers in Maine have an average 97.6% occupancy rate.
- Spending at Maine shopping centers is equivalent to $30,020 per capita, up 2.48% YoY.
- Shopping center retail sales revenue represents 46.0% of Maine’s GDP.
Maryland Mall Foot Traffic Growth
Foot traffic in Maryland malls has a 3-year CAGR of 3.07% as of March 2025.
- Maryland’s August 2024 mall foot traffic was up 6.12% YoY.
- 2023 Maryland mall traffic was up 4.88% YoY after a 3.00% increase in 2022.
- 1,901 shopping centers in Maryland have an average % occupancy rate.
- Spending at Maryland shopping centers is equivalent to $22,701 per capita, up 2.81% YoY.
- Shopping center retail sales revenue represents 27.4% of Maryland’s GDP.
Massachusetts Mall Foot Traffic Growth
Foot traffic in Massachusetts malls has a 3-year CAGR of 2.82% as of March 2025.
- Massachusetts’ August 2024 mall foot traffic was up 7.31% YoY.
- 2023 Massachusetts mall traffic was up 4.69% YoY after a 4.00% increase in 2022.
- 1,930 shopping centers in Massachusetts have an average 97.0% occupancy rate.
- Spending at Massachusetts shopping centers is equivalent to $25,309 per capita, up 2.87% YoY.
- Shopping center retail sales revenue represents 24.2% of Massachusetts’ GDP.
Michigan Mall Foot Traffic Growth
Foot traffic in Michigan malls has a 3-year CAGR of 1.88% as of March 2025.
- Michigan’s August 2024 mall foot traffic was up 8.78% YoY.
- 2023 Michigan mall traffic was up 2.22% YoY after a 3.00% decline in 2022.
- 3,838 shopping centers in Michigan have an average 95.6% occupancy rate.
- Spending at Michigan shopping centers is equivalent to $28,324 per capita, up 3.15% YoY.
- Shopping center retail sales revenue represents 43.1% of Michigan’s GDP.
Minnesota Mall Foot Traffic Growth
Foot traffic in Minnesota malls has a 3-year CAGR of 2.42% as of March 2025.
- Minnesota’s August 2024 mall foot traffic was up 5.54% YoY.
- 2023 Minnesota mall traffic was up 0.46% YoY after a 1.00% increase in 2022.
- 1,523 shopping centers in Minnesota have an average 97.2% occupancy rate.
- Spending at Minnesota shopping centers is equivalent to $26,142 per capita, up 2.88% YoY.
- Shopping center retail sales revenue represents 31.8% of Minnesota’s GDP.
Mississippi Mall Foot Traffic Growth
Foot traffic in Mississippi malls has a 3-year CAGR of -1.83% as of March 2025.
- Mississippi’s August 2024 mall foot traffic was up 11.4% YoY.
- 2023 Mississippi mall traffic was down 3.43% YoY after a 2.00% increase in 2022.
- 906 shopping centers in Mississippi have an average 97.3% occupancy rate.
- Spending at Mississippi shopping centers is equivalent to $26,193 per capita, up 3.61% YoY.
- Shopping center retail sales revenue represents 52.6% of Mississippi’s GDP.
Missouri Mall Foot Traffic Growth
Foot traffic in Missouri malls has a 3-year CAGR of 1.19% as of March 2025.
- Missouri’s August 2024 mall foot traffic was up 6.15% YoY.
- 2023 Missouri mall traffic was up 1.85% YoY after a 1.00% decline in 2022.
- 1,935 shopping centers in Missouri have an average 96.2% occupancy rate.
- Spending at Missouri shopping centers is equivalent to $27,420 per capita, up 4.36% YoY.
- Shopping center retail sales revenue represents 40.2% of Missouri’s GDP.
Montana Mall Foot Traffic Growth
Foot traffic in Montana malls has a 3-year CAGR of 5.62% as of March 2025.
- Montana’s August 2024 mall foot traffic was up 30.5% YoY.
- 2023 Montana mall traffic was up 0.55% YoY after a 17.0% increase in 2022.
- 130 shopping centers in Montana have an average 97.7% occupancy rate.
- Spending at Montana shopping centers is equivalent to $22,599 per capita, up 2.73% YoY.
- Shopping center retail sales revenue represents 36.3% of Montana’s GDP.
Nebraska Mall Foot Traffic Growth
Foot traffic in Nebraska malls has a 3-year CAGR of 0.51% as of March 2025.
- Nebraska’s August 2024 mall foot traffic was up 7.24% YoY.
- 2023 Nebraska mall traffic was down 1.24% YoY after a 2.00% decline in 2022.
- 586 shopping centers in Nebraska have an average 96.2% occupancy rate.
- Spending at Nebraska shopping centers is equivalent to $26,891 per capita, up 2.96% YoY.
- Shopping center retail sales revenue represents 29.8% of Nebraska’s GDP.
Nevada Mall Foot Traffic Growth
Foot traffic in Nevada malls has a 3-year CAGR of 1.01% as of March 2025.
- Nevada’s August 2024 mall foot traffic was up 7.67% YoY.
- 2023 Nevada mall traffic was up 5.33% YoY after a 5.00% decline in 2022.
- 1,352 shopping centers in Nevada have an average 95.0% occupancy rate.
- Spending at Nevada shopping centers is equivalent to $23,856 per capita, up 3.55% YoY.
- Shopping center retail sales revenue represents 31.8% of Nevada’s GDP.
New Hampshire Mall Foot Traffic Growth
Foot traffic in New Hampshire malls has a 3-year CAGR of 3.49% as of March 2025.
- New Hampshire’s August 2024 mall foot traffic was up 7.35% YoY.
- 2023 New Hampshire mall traffic was up 6.65% YoY after a 2.00% increase in 2022.
- 425 shopping centers in New Hampshire have an average 97.0% occupancy rate.
- Spending at New Hampshire shopping centers is equivalent to $33,736 per capita, up 3.50% YoY.
- Shopping center retail sales revenue represents 42.5% of New Hampshire’s GDP.
New Jersey Mall Foot Traffic Growth
Foot traffic in New Jersey malls has a 3-year CAGR of 0.11% as of March 2025.
- New Jersey’s August 2024 mall foot traffic was up 7.14% YoY.
- 2023 New Jersey mall traffic was up 4.86% YoY after a 3.00% increase in 2022.
- 2,650 shopping centers in New Jersey have an average 95.9% occupancy rate.
- Spending at New Jersey shopping centers is equivalent to $26,241 per capita, up 2.80% YoY.
- Shopping center retail sales revenue represents 30.5% of New Jersey’s GDP.
New Mexico Mall Foot Traffic Growth
Foot traffic in New Mexico malls has a 3-year CAGR of 1.56% as of March 2025.
- New Mexico’s August 2024 mall foot traffic was up 7.93% YoY.
- 2023 New Mexico mall traffic was down 1.93% YoY after a 5.00% increase in 2022.
- 723 shopping centers in New Mexico have an average 97.7% occupancy rate.
- Spending at New Mexico shopping centers is equivalent to $24,783 per capita, up 2.90% YoY.
- Shopping center retail sales revenue represents 40.2% of New Mexico’s GDP.
New York Mall Foot Traffic Growth
Foot traffic in New York malls has a 3-year CAGR of 0.72% as of March 2025.
- New York’s August 2024 mall foot traffic was up 6.75% YoY.
- 2023 New York mall traffic was up 7.25% YoY after a 4.00% increase in 2022.
- 3,528 shopping centers in New York have an average 95.8% occupancy rate.
- Spending at New York shopping centers is equivalent to $25,517 per capita, up 3.87% YoY.
- Shopping center retail sales revenue represents 23.2% of New York’s GDP.
North Carolina Mall Foot Traffic Growth
Foot traffic in North Carolina malls has a 3-year CAGR of 1.02% as of March 2025.
- North Carolina’s August 2024 mall foot traffic was up 8.22% YoY.
- 2023 North Carolina mall traffic was up 0.78% YoY after a 4.00% increase in 2022.
- 4,133 shopping centers in North Carolina have an average 97.4% occupancy rate.
- Spending at North Carolina shopping centers is equivalent to $26,386 per capita, up 1.77% YoY.
- Shopping center retail sales revenue represents 37.3% of North Carolina’s GDP.
North Dakota Mall Foot Traffic Growth
Foot traffic in North Dakota malls has a 3-year CAGR of 3.18% as of March 2025.
- North Dakota’s August 2024 mall foot traffic was up 8.33% YoY.
- 2023 North Dakota mall traffic was up 4.67% YoY after a 10.0% increase in 2022.
- 101 shopping centers in North Dakota have an average 97.3% occupancy rate.
- Spending at North Dakota shopping centers is equivalent to $24,109 per capita, up 4.33% YoY.
- Shopping center retail sales revenue represents 25.5% of North Dakota’s GDP.
Ohio Mall Foot Traffic Growth
Foot traffic in Ohio malls has a 3-year CAGR of 1.28% as of March 2025.
- Ohio’s August 2024 mall foot traffic was up 7.10% YoY.
- 2023 Ohio mall traffic was down 0.10% YoY after a 1.00% decline in 2022.
- 4,367 shopping centers in Ohio have an average 96.2% occupancy rate.
- Spending at Ohio shopping centers is equivalent to $31,385 per capita, up 3.12% YoY.
- Shopping center retail sales revenue represents 42.4% of Ohio’s GDP.
Oklahoma Mall Foot Traffic Growth
Foot traffic in Oklahoma malls has a 3-year CAGR of 3.93% as of March 2025.
- Oklahoma’s August 2024 mall foot traffic was up 8.59% YoY.
- 2023 Oklahoma mall traffic was up 3.41% YoY after a 1.00% decline in 2022.
- 1,703 shopping centers in Oklahoma have an average 96.2% occupancy rate.
- Spending at Oklahoma shopping centers is equivalent to $29,059 per capita, up 2.81% YoY.
- Shopping center retail sales revenue represents 46.3% of Oklahoma’s GDP.
Oregon Mall Foot Traffic Growth
Foot traffic in Oregon malls has a 3-year CAGR of 1.45% as of March 2025.
- Oregon’s August 2024 mall foot traffic was up 12.8% YoY.
- 2023 Oregon mall traffic was up 2.16% YoY after a 5.00% increase in 2022.
- 1,096 shopping centers in Oregon have an average 97.1% occupancy rate.
- Spending at Oregon shopping centers is equivalent to $25,441 per capita, up 3.70% YoY.
- Shopping center retail sales revenue represents 34.0% of Oregon’s GDP.
Pennsylvania Mall Foot Traffic Growth
Foot traffic in Pennsylvania malls has a 3-year CAGR of 1.06% as of March 2025.
- Pennsylvania’s August 2024 mall foot traffic was up 8.02% YoY.
- 2023 Pennsylvania mall traffic was up 2.98% YoY after a 1.00% decline in 2022.
- 2,896 shopping centers in Pennsylvania have an average 96.1% occupancy rate.
- Spending at Pennsylvania shopping centers is equivalent to $28,144 per capita, up 3.90% YoY.
- Shopping center retail sales revenue represents 37.8% of Pennsylvania’s GDP.
Rhode Island Mall Foot Traffic Growth
Foot traffic in Rhode Island malls has a 3-year CAGR of 1.46% as of March 2025.
- Rhode Island’s August 2024 mall foot traffic was up 15.1% YoY.
- 2023 Rhode Island mall traffic was up 20.0% YoY after a 12.0% increase in 2022.
- 451 shopping centers in Rhode Island have an average 96.7% occupancy rate.
- Spending at Rhode Island shopping centers is equivalent to $29,016 per capita, up 4.06% YoY.
- Shopping center retail sales revenue represents 41.1% of Rhode Island’s GDP.
South Carolina Mall Foot Traffic Growth
Foot traffic in South Carolina malls has a 3-year CAGR of 0.06% as of March 2025.
- South Carolina’s August 2024 mall foot traffic was up 4.87% YoY.
- 2023 South Carolina mall traffic was down 1.87% YoY after a 1.00% decline in 2022.
- 2,748 shopping centers in South Carolina have an average 96.8% occupancy rate.
- Spending at South Carolina shopping centers is equivalent to $29,924 per capita, up 1.73% YoY.
- Shopping center retail sales revenue represents 49.9% of South Carolina’s GDP.
South Dakota Mall Foot Traffic Growth
Foot traffic in South Dakota malls has a 3-year CAGR of 1.64% as of March 2025.
- South Dakota’s August 2024 mall foot traffic was up 12.8% YoY.
- 2023 South Dakota mall traffic was down 2.83% YoY after a 2.00% decline in 2022.
- 114 shopping centers in South Dakota have an average 98.1% occupancy rate.
- Spending at South Dakota shopping centers is equivalent to $22,190 per capita, up 3.01% YoY.
- Shopping center retail sales revenue represents 28.1% of South Dakota’s GDP.
Tennessee Mall Foot Traffic Growth
Foot traffic in Tennessee malls has a 3-year CAGR of 0.18% as of March 2025.
- Tennessee’s August 2024 mall foot traffic was up 9.19% YoY.
- 2023 Tennessee mall traffic was up 3.81% YoY after a 2.00% decline in 2022.
- 2,649 shopping centers in Tennessee have an average 97.3% occupancy rate.
- Spending at Tennessee shopping centers is equivalent to $28,177 per capita, up 2.38% YoY.
- Shopping center retail sales revenue represents 38.4% of Tennessee’s GDP.
Texas Mall Foot Traffic Growth
Foot traffic in Texas malls has a 3-year CAGR of 1.38% as of March 2025.
- Texas’ August 2024 mall foot traffic was up 8.86% YoY.
- 2023 Texas mall traffic was up 2.14% YoY after a 1.00% increase in 2022.
- 12,841 shopping centers in Texas have an average 95.9% occupancy rate.
- Spending at Texas shopping centers is equivalent to $25,548 per capita.
- Shopping center retail sales revenue represents 30.4% of Texas’ GDP.
Utah Mall Foot Traffic Growth
Foot traffic in Utah malls has a 3-year CAGR of 1.87% as of March 2025.
- Utah’s August 2024 mall foot traffic was up 8.10% YoY.
- 2023 Utah mall traffic was up 0.90% YoY after a 1.00% increase in 2022.
- 917 shopping centers in Utah have an average 97.0% occupancy rate.
- Spending at Utah shopping centers is equivalent to $22,647 per capita, up 1.96% YoY.
- Shopping center retail sales revenue represents 28.4% of Utah’s GDP.
Vermont Mall Foot Traffic Growth
Foot traffic in Vermont malls has a 3-year CAGR of -0.26% as of March 2025.
- Vermont’s August 2024 mall foot traffic was up 13.2% YoY.
- 2023 Vermont mall traffic was up 0.77% YoY after an 18.0% increase in 2022.
- 105 shopping centers in Vermont have an average 97.0% occupancy rate.
- Spending at Vermont shopping centers is equivalent to $20,233 per capita, up 3.91% YoY.
- Shopping center retail sales revenue represents 30.4% of Vermont’s GDP.
Virginia Mall Foot Traffic Growth
Foot traffic in Virginia malls has a 3-year CAGR of 1.42% as of March 2025.
- Virginia’s August 2024 mall foot traffic was up 7.77% YoY.
- 2023 Virginia mall traffic was up 4.23% YoY after a 6.00% increase in 2022.
- 2,850 shopping centers in Virginia have an average 96.1% occupancy rate.
- Spending at Virginia shopping centers is equivalent to $24,898 per capita, up 2.85% YoY.
- Shopping center retail sales revenue represents 30.7% of Virginia’s GDP.
Washington Mall Foot Traffic Growth
Foot traffic in Washington malls has a 3-year CAGR of 1.42% as of March 2025.
- Washington’s August 2024 mall foot traffic was up 8.10% YoY.
- 2023 Washington mall traffic was up 3.90% YoY after a 6.00% increase in 2022.
- 2,320 shopping centers in Washington have an average 96.9% occupancy rate.
- Spending at Washington shopping centers is equivalent to $21,708 per capita, up 2.98% YoY.
- Shopping center retail sales revenue represents 21.2% of Washington’s GDP.
West Virginia Mall Foot Traffic Growth
Foot traffic in West Virginia malls has a 3-year CAGR of 0.20% as of March 2025.
- West Virginia’s August 2024 mall foot traffic was up 2.42% YoY.
- 2023 West Virginia mall traffic was up 9.58% YoY after a 4.00% decline in 2022.
- 358 shopping centers in West Virginia have an average 97.6% occupancy rate.
- Spending at West Virginia shopping centers is equivalent to $34,688 per capita, up 3.42% YoY.
- Shopping center retail sales revenue represents 61.7% of West Virginia’s GDP.
Wisconsin Mall Foot Traffic Growth
Foot traffic in Wisconsin malls has a 3-year CAGR of 1.97% as of March 2025.
- Wisconsin’s August 2024 mall foot traffic was up 10.0% YoY.
- 2023 Wisconsin mall traffic was down 1.98% YoY after a 1.00% decline in 2022.
- 1,460 shopping centers in Wisconsin have an average 97.1% occupancy rate.
- Spending at Wisconsin shopping centers is equivalent to $30,080 per capita, up 2.66% YoY.
- Shopping center retail sales revenue represents 43.0% of Wisconsin’s GDP.
Wyoming Mall Foot Traffic Growth
Foot traffic in Wyoming malls has a 3-year CAGR of 2.40% as of March 2025.
- Wyoming’s August 2024 mall foot traffic was up 9.13% YoY.
- 2023 Wyoming mall traffic was up 1.87% YoY after a 2.00% increase in 2022.
- 72 shopping centers in Wyoming have an average 97.9% occupancy rate.
- Spending at Wyoming shopping centers is equivalent to $21,573 per capita, up 4.56% YoY.
- Shopping center retail sales revenue represents 25.1% of Wyoming’s GDP.
The Capital One Shopping team compiled these data and insights based on publicly available data.
Sources
- Ideastream Public Media
- U.S. House of Representatives, The GREATER Revitalization of Shopping Centers Act of 2023
- Federal Reserve Bank of St. Louis, Economic Data
- International Council of Shopping Centers
- Statista, Retail & Trade
- Placer Labs, Placer.ai
- U.S. Securities and Exchange Commission, Filings
- U.S. Bureau of Labor Statistics
- Wiley Online Library, Mathematical Problems in Engineering, Sales Associations between Brand Stores Based on Spatial Interaction Effects
- U.S. Census Bureau
- ResearchGate, Advances in Anthropology, Emerging Mall Culture and Shopping Behavior of Young Consumers
- U.S. Treasury, Fiscal Data
- Government of Dubai Media Office, Dubai Mall Becomes Most Visited Place on Earth with Record 105m Visitors in 2023
- National Public Radio, Why Malls Across America Are Dying
- CoStar Group, Here’s How Malls Across the Country Are Restricting Teen Visitors