✉news BusinessRetail first seen 10 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
Evidence
- US retail trade group forecasts healthy holiday sales, in part due to inflation · Hot Springs Sentinel Record
- US retail trade group forecasts healthy holiday sales, in part due to inflation · The Wenatchee World
- US retail trade group forecasts healthy holiday sales, in part due to inflation · The Press Democrat
- US retail trade group forecasts healthy holiday sales, in part due to inflation · AP News
- US retail trade group forecasts healthy holiday sales, in part due to inflation · Sun Sentinel
- US Retail Trade Group Forecasts Healthy Holiday Sales, in Part Due to Inflation · U.S. News & World Report
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