NRF Forecasts

A blue door with a holiday wreath hanging
2019 holiday forecast

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.

 
Economic forecast
 
Economic forecast 2019

NRF forecasts retail sales during 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown.

 

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NRF welcomes Senate passage of USMCA
NRF says the new trade agreement will "modernize trade among our closest trading partners."
 
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NRF says 2019 holiday sales were up 4.1 percent
Holiday retail sales during 2019 grew 4.1 percent to $730.2 billion, according to NRF.
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Retailers welcome phase one trade deal with China but say remaining tariffs must end
NRF welcomed the signing of a "phase one" U.S.-China trade deal but said remaining tariffs must be eliminated.
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