FACT CHECK: What’s happening at the mall in your area?
The most recent data on mall construction is not publicly available.
In some cases, however, the number of new projects has exceeded that of the previous year.
In a survey of mall operators conducted by the National Association of Home Builders, New York, a total of 651 projects were completed in the U.S. in 2016.
The average number of projects completed per month is now at 7.6, up from 6.9 in 2016 and 5.6 in 2015.
The number of stores opened per month, meanwhile, is at 4.3, up slightly from 4.1 last year.
Some malls have seen significant growth in the past year, but they remain relatively small compared to the overall market.
Some are getting more projects per square foot than others.
A total of 39 mall operators surveyed in 2016 had new construction projects of more than 50,000 square feet.
For example, Macy’s opened more than 100 stores last year, up 23 percent from 2016, and the number opened per store was up nearly 17 percent from the year before.
Some stores, like The Gap, have been doing a lot of work to fill their inventory of merchandise.
But Macy’s did not break out its new construction activity for the first six months of 2017.
In the same period last year when the mall opened, Macy said that it had just 20 new stores open.
A recent study by the consulting firm CBRE, which analyzed data from mall operators, found that the growth in new construction in 2017 was mainly driven by Macy’s and Macy’s department stores.
The report found that total mall construction projects had grown by 15 percent in 2017, a figure that rose to 33 percent in 2018.
CBRE expects that this trend will continue.
New York mall construction fell 1 percent in 2019, and New York’s economy has been struggling with a sharp decline in job growth and the recession that followed the Great Recession.
A 2017 study by CBRE found that about 20 percent of U.M. students drop out of school in order to take jobs at Macy’s or other retailers.
The decline in mall construction has made many of the smaller stores that are in malls a more attractive option for millennials than smaller department stores that have traditionally been in malls.