Retail Federation predicts first $1 trillion holiday shopping season

Retail Federation predicts first $1 trillion holiday shopping season

American shoppers are expected to spend more during this holiday shopping season than last year despite economic uncertainty and rising prices.

Retail Group Predicts Trillion-Dollar Holiday Season | Corp! Magazine

If the forecast from the National Retail Federation is right, it’s going to be a massive holiday spending season. Despite economic nervousness and rising prices, the forecast is for shoppers to collectively spend between $1.01 trillion and $1.02 trillion in November and December. That would mark an increase of 3.7% to 4.2% compared with last […]