Chapter 4 · Decline Metrics The Arcade — 04
Key Insight

Foot traffic doesn't plummet — it dissolves.

Annual Enclosed Mall Visitors · United States millions · 2005 – 2023
25 20 15 10 5 0 2005 2008 2011 2014 2017 2020 2023 24.1 21.8 18.6 14.9 10.8 5.7 8.2 record low
Source: ICSC & NRF Consumer Data, 2023 The Arcade · 04
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