NRF expects holiday retail sales during November and December to increase between 3.8 percent and 4.2 percent over 2018 to a total of between $727.9 billion and $730.7 billion. The numbers, which exclude automobile dealers, gasoline stations and restaurants, compare with an average annual increase of 3.7 percent over the previous five years.
2019 holiday forecast
October retail sales grew 4.2 percent over last year
Retail sales in October increased 0.2 percent over September and were up 4.2 percent year-over-year, according to NRF.
New Port of Los Angeles study shows ‘real casualties’ of trade war
A new study offers detailed analysis of the impact of tariffs on cargo moved through ports.
Retail imports to see final tariff-driven surge of the year
Imports are expected to see their final surge of the year this month ahead of tariffs set to take effect in December.