Mall visits were down in August after a consistent run of year-over-year growth, in yet another sign that rising inflation and gas prices are constraining consumer spending.

According to Placer.ai data analyzing foot traffic for last month, both the indoor mall and open-air lifestyle centers sectors saw increases in the visit gap year-over-year, with the former posting an uptick of 1.1% between July and August and open-air lifestyle centers increasing by 0.9% in the same period.

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Lynn Pollack

 

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