The National Retail Federation calculates monthly retail sales figures that exclude automobiles, gasoline stations and restaurants.
2018 holiday sales grew 2.9 percent amid turmoil over trade policy and delay in data collection
Holiday retail sales in 2018 grew 2.9 percent to $707.5 billion.
NRF says ‘state of the economy is sound’ and forecasts retail sales will grow between 3.8 and 4.4 percent
NRF says consumer spending will be boosted by increased employment and higher wages.