With nearly half of 2012 behind us, the San Diego retail market has been defined by slow, organic improvements. While not dramatic, these improvements will continue to augment activity in the retail segment as market fundamentals slowly continue to strengthen and realign themselves after the financial crisis. Small, but positive changes in unemployment and consumer confidence have been especially instrumental in supporting the retail market. As these indicators continue to improve, expect to see the retail recovery accelerate in the second half of 2012.