Retail Trade Group Forecasts Slower Holiday Sales Growth in the US

Reported about 1 month ago

The National Retail Federation anticipates that while holiday shopping spending in the US will rise to between $979.5 billion and $989 billion, the growth will be slower at 2.5%-3.5% compared to last year, citing concerns over ongoing inflation and rising prices. This follows a 3.9% rise in spending during the 2023 holiday season.

Source: YAHOO

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