Business Briefs (Florida Today) »

By Wayne T. Price

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Florida restaurant study

Florida ranks No. 12 nationally for consumer spending at small, independent restaurants – with local retailers bringing in an average of $1,755 each day, according to new data analysis from Womply, a technology company serving small businesses.

The findings for Florida are part of Womply’s first “State of Local Retail” report for 2018. Womply’s data team analyzed transactions at 54,000 small, independent restaurants in all 50 states during every day of the 2017 calendar year to identify consumer spending patterns and seasonality nationwide.

Additional findings for Florida include:

• The average retailer sees 14 transactions per day, ranking No. 14 nationally
• The average order size for retailers is $124, ranking them No. 17 nationally
• Florida retailers do especially well in December, the state’s No. 1 sales month
• Black Friday is the top sales day of the entire year.

Read the rest of the article here.