Retailers respond to 2019 State of the Union address
Retailers respond to the 2019 State of the Union address
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Economy
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.
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November retail sales increase 5 percent over 2017, putting holiday spending on track to meet NRF forecast
November retail sales were up 0.7 percent from October and 5 percent year over year, on track with NRF's forecast.
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Retail jobs grew 18,600 in November, accounted for 12 percent of nationwide job growth
Retail employment in November grew by 18,600 jobs from October
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October retail sales increased 5.6 percent over last year
October retail sales increased 5.6 percent over last year
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