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2008 Growth Rankings for California's Billion Dollar Markets

These 50 largest markets represent over $179 billion in annual retail sales, and about 46% of California's annual retail sales.

The Leaders

The top five markets saw retail sales expand by double-digit levels over the five year period. Rancho Cucamonga led the list with an annual sales growth rate of 15.8%, followed by Fontana (13.6%), Victorville (12.9%), Temecula (11.5%), and Corona (11.0%).

Of these 50 largest retail markets, twenty-three of the fifty realized annual sales growth above the statewide average of 5.8%. For a complete list of these 50 markets and their growth rate, please refer to the table in the column to the left.

The new edition of the California Retail survey provides 16 unique market rankings that make it easy to identify the best performing areas in the state, based on both short-term & long-term growth rates.

Using new data from the he 2008 California Retail Survey, a summary of the growth performance of the state's major retail markets was prepared. To be included in this analysis, a local market had to be among the 50 largest local markets with annual retail sales in excess of 1 billion dollars.

In the East Bay, Fremont had the highest growth (24), followed by Oakland (41), Walnut Creek (47) and Concord (50).

In the Bay Area, San Francisco (38) was followed by San Jose (45) and Santa Clara (48).

California's Billion $ Markets

Annual Retail Sales Growth Rates Last 5 Years

 Cities Rank                                             Avg Growth

1

Rancho Cucamonga

15.8%

2

Fontana

13.6%

3

Victorville

12.9%

4

Temecula

11.5%

5

Corona

11.0%

6

Burbank

9.9%

7

Ontario

9.0%

8

Bakersfield

8.7%

9

Riverside

8.7%

10

Chula Vista

8.7%

11

Santa Clarita

8.6%

12

Newport Beach

8.5%

13

Roseville

8.5%

14

Fresno

7.9%

15

Long Beach

7.3%

16

Anaheim

6.6%

17

Costa Mesa

6.6%

18

Irvine

6.5%

19

Redding

6.3%

20

Beverly Hills

6.3%

21

Stockton

6.1%

22

San Bernardino

6.1%

23

Orange

5.8%

24

Fremont

5.5%

25

Los Angeles

5.4%

26

Santa Monica

5.3%

27

Pasadena

5.2%

28

Oxnard

5.2%

29

Huntington Beach

5.2%

30

Carlsbad

5.2%

31

El Cajon

5.0%

32

San Diego

4.8%

33

Santa Ana

4.7%

34

Ventura

4.5%

35

Industry

4.5%

36

Escondido

4.3%

37

Sacramento

4.1%

38

San Francisco

3.7%

39

Torrance

3.6%

40

Modesto

3.2%

41

Oakland

3.2%

42

Salinas

2.8%

43

Thousand Oaks

2.7%

44

Cerritos

2.5%

45

San Jose

2.4%

46

Glendale

2.3%

47

Walnut Creek

2.2%

48

Santa Clara

1.5%

49

Santa Rosa

1.5%

50

Concord

0.5%

 

 

 

 

California

5.8%

Data Source: California Retail Survey

CaliforniaRetailSurvey.netfirms.com

Jim Vaughn

California Retail Survey

3976 Garnet Road

Pollock Pines, CA   95726

Tel: (530) 647-1219