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Business Insider

Lindley Estes is a business writer for The Free Lance-Star and This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Which business segments held up best?

Continuing on the research that I did on area taxable sales for Wednesday’s article, I looked at sales data for each retail business segment between the second quarters of 2006 and 2009 in Fredericksburg and Stafford and Spotsylvania counties. Overall sales for those three localities declined 12.2 percent during that time, with city sales going down 25 percent. Click here to see the results by business segment.

As the data show, some segments held up better than others. Among the losers were businesses tied to the housing market. Among the winners were electronics, food and beverage, bars and restaurants, and sporting goods and leisure-focused stores. Hotels and motels were about flat.

The data all came from the Virginia Department of Taxation. Look for a feature on this topic in an upcoming edition of the FLS.

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