Retail Activity Indicators: 2nd Half of 2016

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With a slope of +.12 , the linear trend related to the indicator data for hospitality services misses the three-phased trend evolution that the locally weighted fit conveys. In effect, the non-linear trendline shows a downward sloping portion followed by a rebound then a sideways 18-monthlong move till end 2016.

V. B. 3- Retail sales indicators showing a positive trend The sales indicator data for three categories of retail followed a distinctly positive trend in the four-year period of the data sets.

Food and beverages

Tourism services

The linear trend for the tourism services indicator data near flat with a slope of +.17 The non-linear trend for this category, however, reveals a two-year nearly steady upward move followed by a two-year slide.

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The linear trend for food and beverages sales indicator data showed a strong ascent with a slope of +.74 , the steepest among the nine categories of consumer goods and services examined in the report.


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