MikeTrendsTrends right now

✉news BusinessRetail first seen 9 d ago, last 6 d ago, peak #6

US retail group forecasts strong holiday sales despite inflation

Original: US retail trade group forecasts healthy holiday sales, in part due to inflation

The National Retail Federation, the leading US retail trade group, has forecast healthy holiday sales this season, partly because higher inflation pushes up the dollar value of purchases even if shoppers buy the same amount. Widely carried by AP and regional outlets, the forecast is being read as a sign that consumer spending remains resilient heading into the crucial shopping period.

Why now: Retailers and consumers are watching whether inflation-weary shoppers will keep spending during the holiday season.

National Retail FederationUnited States

Open on news →

Rank over time, top of the chart is #1. 3 snapshots from 6 d ago to 6 d ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/2390891