Tag: retail shopping
Census Data for November Shows Holiday Spending ‘Clearly on Track’ to Meet NRF’s Forecast
Retail sales remained strong in November, with data from the US Census Bureau and NRF showing solid growth despite the late timing of Thanksgiving, supporting expectations for a successful holiday season.
Holiday Spending Still on Track for Steady Growth Amid ‘Mixed Signals’ in Recent Jobs...
The NRF still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz said.
Holiday Season Predictions: ‘Tis the Season to be Shopping
In this article by Tony D'Onofrio, read about his holiday shopping season predictions, covering everything from the busiest shopping days to the relevancy of physical stores.
2024 Holiday Spending Expected to Reach New Record
Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations, and other seasonal items.
NRF Economist Says 2023’s Consumer Spending Growth is ‘Not Necessarily Sustainable’ in 2024
Consumers spent more than expected amid high inflation and interest rates during 2023, though spending is now expected to slow in 2024.