Holiday forecast 2018
Thanks to a healthy economy and strong consumer confidence, NRF expects holiday retail sales in November and December to increase between 4.3 and 4.8 percent over 2017 for a total of $717.45 billion to $720.89 billion.
August retail sales grew but new tariffs present 'downside risk'
Retail sales were up 0.4 percent in August from July and up 4.6 percent year-over-year, according to NRF.
Retailers Respond to Tariff Escalation: ‘Where Does This End?’
Tariffs are taxes on American businesses and consumers.
July retail sales show strong gains
Retail sales were up 0.9 percent in July from June and up 5.6 percent year-over-year.