How Ready is the Retail Industry for the Holidays?

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Taking a quick look at how metro areas are fairing by indicators of business credit health, we examine the Q3 2013 numbers for businesses in the retail industry. See the full study at http://www.experian.com/mbp

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How Ready is the Retail Industry for the Holidays?

  1. 1. How ready is t he A RET IL INDUSTRY f or t he ho lidays? A quick look at how metro areas are faring by indicators of business credit health Wha areas ha the highest t ve and lowest risk scores? Portland, Ore. 56.01 Pittsburgh, Pa. 55.7 7 { National average 51.05 } Honolulu, .71 Hawaii 58 West Pa lm Beach, F la. 43.7 4 Fort Lauderdale, Fla. 41.17 38.27 Miami, Fla. s ore Highest sc Lowest scores This score is based on a scale of 1 to 100 (with 100 being least risky) and predicts the likelihood of a business becoming severely delinquent (more than 91 days past due) within the next 12 months. How la are they pa te ying their bills? Milwaukee, Wis. 3.34 days San Francisco, Calif. 3.41 days Seattle, Wash. 3.81 days { National average 6.59 days } Orlando, Fla. 15.53 days Las Vegas, Nev. 17.61 days Fort Myers, Fla. 22.30 days Who has the least and most delinquent debt? Salt Lake City, Utah 1.05% BatonRouge, La. 1.45% Houston, Texas 3.40% { National average 14.08% } Miami, Fla. 30.04% Chicago, Ill. 30.15% Fort Myers, Fla. 36.93% Wha ra are businesses closing t te due to bankruptcy? Baton Rouge, La. 0.50% Honolulu, Hawaii 0.58% New Orleans, La. 0.63% { National average 1.48% } Fresno, Calif. 2.56% Riverside, Calif. 2.64% Sacramento, Calif. 3.75% Visit the Metro Business Pulse site for complete findings from the Q3 2013 study. www.experian.com/mbp © 2013 Experian Information Solutions, Inc. All rights reserved

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