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NRF predicts robust holiday growth surpassing the growth of past five years

NRF predicts robust holiday growth surpassing the growth of past five years

The NRF has predicted US citizens 2020 to opt for a great holiday celebration, and hence they will spend to make that happen. The NRF today released its holiday forecast. It expects retail sales in Nov & Dec, excluding auto dealers, gas stations, and restaurants, to rise by 3.6 to 5.2% over 2019. Even at the low end, 2020 would outpace the average 3.5% holiday sales growth of last five years.

Milan
Milan
JustFact
JustFact 1 months

I will be curious to see if this in fact plays out this way, I for one am reducing my spending a little this year because I am giving to a few extra charities that support COVID victims and their families.

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