
Commercial
Why household income sometimes fails to explain retail vacancy
Retail vacancy correlates with income nationally, but at submarket level supply and other constraints can matter more than household wealth
David Caputo is a data scientist at Moody’s Analytics specializing in commercial real estate. His work focuses on analyzing trends and forecasts in the U.S. retail sector. He produces research that examines the impact of key U.S. economic indicators on retail performance and delivers cross-sector analysis across several major markets.

Retail vacancy correlates with income nationally, but at submarket level supply and other constraints can matter more than household wealth
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