How much business has been lost to the weather?

Anecdotally, we know that small businesses have been affected by this winter’s weather but now we know by how much following a survey by the Retailers Association of Massachusetts.

The main points are:
– overall sales fell 24% with a 7% drop in payroll
– restaurant sales fell 49% with a 14% drop in payroll

While it is tempting to buy everything from Amazon when the weather outside is foul, when the weather improves we should all make a point to SHOP LOCALLY!

Here’s the report: Sales plummet during month of bad weather

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

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