NRF Sees US Holiday Retail Sales Up 4.2% to $1.013T

The NRF projects US holiday retail sales will rise 4.2% year-over-year to $1.013 trillion, signaling resilient consumer spending. The forecast, issued in October, is an early estimate and could be revised as the season progresses. Strong holiday demand would support growth expectations and corporate earnings, though inflation and credit conditions remain risks.

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