The Wall Street Journal had an interesting article this week exploring how across America last year, landlords leased more space to service businesses than to businesses selling stuff. Among the most common service businesses were spas and gyms.
That got me wondering: does Georgetown match this trend? I do an annual(ish) survey of all the stores and businesses in Georgetown. I can figure out how many are service oriented and how many are retail. While I can’t use square-feet leased as a metric the way the WSJ study does, it’s at least a thumbnail stab at the question.
So here goes!
Here’s my most recent chart showing the breakdown of categories of all the stores and businesses in Georgetown:
That might be a bit hard to make out, so here is the summary information:
Among all businesses in Georgetown:
- Non-Service are 78%
- Service are 22%
So Georgetown is nowhere near the same as America writ large, which should probably not come as a surprise.
Out of curiosity I ran the numbers without considering food or drink establishments. This compares strictly stores that sell pure services and stores that sell pure stuff (that you don’t put in your body). The totals were closer to eachother:
- Non-Service are 68%
- Service are 32%
So despite the fact that it seems like there are a million hair salons, and gyms, and yoga studios, and fortune tellers, and tailors, and etc., Georgetown’s still got a whole lot of other types of stuff too.
The Georgetown Metropolitan 
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