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NRF Forecasts

2022 Retail sales forecast

NRF expects retail sales will grow between 6 percent and 8 percent to more than $4.86 trillion in 2022.

2022 Holiday retail sales forecast

NRF forecasts that holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion.


More economic and consumer research from NRF

NRF Economist Says U.S. Recession Unlikely
A recession is unlikely and the economy should see slight growth in 2023, NRF Chief Economist Jack Kleinhenz says.
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Monthly Economic Review: February 2023
Sluggish growth expected in 2023.
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Retail Holiday and Seasonal Trends
Consumer spending data for retail holidays throughout the year.
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