NRF expects holiday retail sales during November and December to increase between 3.8 percent and 4.2 percent over 2018 to a total of between $727.9 billion and $730.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with an average annual increase of 3.7 percent over the previous five years.
2019 holiday forecast
January retail sales grew 2.7 percent over last year
January retail sales increased 0.2 percent over December and 2.7 percent year-over-year, according to NRF.
February retail imports to see larger drop amid coronavirus
With coronavirus causing longer Lunar New Year factory shutdowns in China , imports could see a bigger-than-usual dip.
Confident consumers and broader buying lead to record Valentine's Day spending plans
Coming off a strong holiday season, Americans are expected to set another record for Valentine’s Day spending this year.