NRF Forecasts Retail Sales to Reach at Least $5.23 Trillion in 2024
Retail sales during 2024 will grow between 2.5% and 3.5% from 2023 to between $5.23 trillion and $5.28 trillion.
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NRF forecast
Census Says Retail Sales Grew Year Over Year in October But Growth Continued to Slow
Retail sales kept up a long streak of year-over-year gains in October even though the rate of growth continued to slow.
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NRF Economist Says Economy is Expanding but Momentum is Slowing
NRF Chief Economist Jack Kleinhenz says the economy is still growing, but not as fast as it was earlier this year.
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NRF Says Retail Sales ‘Moderated’ in March But Still Sees ‘Positive Growth’ for 2023
Retail sales slowed in March, but spending was still higher than the same time last year, NRF said.
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NRF Economist Says Full Effect of Federal Reserve’s Monetary Tightening Has Not Shown Up
Chief Economist Jack Kleinhenz says NRF’s 2023 retail sales forecast is the most difficult he has ever prepared.
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