NRF Forecasts

Economic forecast
Economic forecast 2021

NRF forecasts that retail sales during 2021 will increase between 6.5 percent and 8.2 percent to more than $4.33 trillion in 2021 as more individuals get vaccinated and the economy reopens.


More economic and consumer research from NRF

With ‘Feel-Better Situation’ for Consumers, Economy Could See Fastest Growth Since 1980s
With more businesses reopening and rehiring employees, the economy could see its fastest growth in three decades.
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Monthly Economic Review: May 2021
As we head into May, economic indicators show the economy is on firm footing.
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Retail Holiday and Seasonal Trends
Consumer spending data for retail holidays throughout the year.
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