Holiday Sales Could Grow up to 3.4%: Deloitte
7 Articles
7 Articles
US holiday sales set for slowest growth since pandemic, Deloitte report forecasts
By Neil J Kanatt and Anshi Sancheti -U.S. holiday sales are projected to grow at their slowest pace since the pandemic, Deloitte said in a forecast released on Wednesday, as macroeconomic uncertainties weigh on consumer spending. WHY IT’S IMPORTANT Holiday shopping is a critical sales driver for retailers, especially amid uncertain demand and persistent inflation, compounded by the lingering effects of U.S. President Donald Trump’s volatile trad…
Deloitte predicts slower holiday retail sales growth in 2025
NEW YORK — U.S. holiday retail sales are projected to rise between 2.9% and 3.4% this season, according to Deloitte’s annual holiday forecast. That's down from last year’s 4.2% increase.The consulting firm expects total sales between November and January to reach $1.61 trillion to $1.62 trillion, up from $1.57 trillion during the 2024 holiday period.E-commerce is expected to remain a bright spot, with sales projected to climb 7% to 9%, totaling …
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