New PBA Performance Index Shows Industry Expansion

Posted: October 30, 2009

page 3 of 3

Salon/spa owners are also much more optimistic about stronger retail sales in the months ahead. Sixty-one percent of salon/spa owners said they expect to have higher retail sales in six months compared to the same period in the previous year. In comparison, just 9% expect their retail sales to decline in six months, compared to the same period in the previous year.

"PBA takes pride in providing timely and relevant economic data to the marketplace," said Leyvas. "Doing so is critical to our mission as a leading industry trade association."

The full SSPI and second quarter Salon/Spa Tracking Survey Report can be found at www.probeauty.org. The Professional Beauty Association is made up of salons and spas, distributors and manufacturers dedicated to improving their individual businesses and the industry as a whole. Led by industry volunteers, the association offers: business tools, education, government advocacy, networking and more.