US Holiday Sales Growth to Speed up as Shoppers Stay Resilient, NRF Forecasts
4 Articles
4 Articles
During November and December sales are expected to increase by 4.2%, to 1,013 trillion dollars, compared with the increase of 3.1% last year, to 972 billion dollars
US holiday sales growth to speed up as shoppers stay resilient, NRF forecasts
Oct 15 (Reuters) - US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major retailers flag spending pressures. “This year’s forec...
US holiday sales projected to top $1 trillion for first time
US consumers will spend more than $1 trillion this holiday season, gifting generously despite persistent inflation, according to a forecast released Thursday. The National Retail Federation estimated 4.2 percent growth in spending to just over $1 trillion, topping last year’s rise of 3.1 percent to $972 billion. Officials with the trade group flagged higher fuel […]
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