Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday.



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National Retail Federation predicts record 2024 holiday sales

Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail sales will total approximately $980 billion and $990 billion between Nov. 1 and Dec. 31, up from $955.6 billion during the same period in 2023. The anticipated uptick in consumer spending follows a moderation in inflation that plagued the economy in t…

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The largest retail trade group in the United States said Tuesday that it expects consumers to spend more during the upcoming holiday shopping season but the growth in sales to be slower than last year due to concerns over persistent inflation and prices.

Star Tribune

Glen Taylor

Minneapolis

Hennepin County

Minnesota

US retail trade group expects holiday season sales to grow more slowly

The National Retail Federation delivered an optimistic holiday forecast, saying it expects retail sales to grow by 2.5% to 3.5% in November and December.

Forbes

Forbes family (publishers)

2024 Holiday Spending Could Approach $1 Trillion, Retail Group Says

The National Retail Federation said its 2024 forecast indicates that shoppers will make $979.5 billion to $989 billion worth of purchases in November and December.

Fortune

Chatchaval Jiaravanon

New York

Largest U.S. retail association predicts slower holiday spending

US consumers are expected to spend close to $1 trillion during the winter holiday season, a slight uptick from the year prior, the National Retail Federation (NRF) said Tuesday.

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Ikeja

Lagos

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US holiday spending to approach $1 tn: Retail Federation

US holiday sales to grow up to 3.5% in 2024, NRF forecasts

Investing.com

US holiday sales to grow up to 3.5% in 2024, NRF forecasts By Reuters

By ANNE D’INNOCENZIO NEW YORK (AP) — The largest retail trade group in the United States said Tuesday that it expects consumers to spend more during the upcoming holiday shopping season but the growth in sales to be slower than last year due to concerns over persistent inflation and prices. The National Retail Federation said its 2024 forecast indicates that shoppers will make $979.5 billion to $989 billion worth of purchases in November and Dec…

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The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers. The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.

National Retail Federation predicts record 2024 holiday sales

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