NRF Forecasts

Economic forecast
 
Economic forecast 2020

NRF forecasts that retail sales during 2020 will increase between 3.5 percent and 4.1 percent to more than $3.9 trillion despite uncertainty from the lingering trade war, coronavirus and the presidential election.

 
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.

 

Latest news

 
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Retailers say credit insurance plan could increase liquidity during pandemic downturn
NRF says a federal backstop for trade credit insurance could help retailers recovering from the pandemic recession.
 
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Retail imports improving slightly, but still far below last year
Imports at major U.S. retail container ports are expected to remain significantly below last year’s levels into fall.
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NRF chief economist says pandemic recession could already be easing but 'no one has a crystal ball'
The coronavirus pandemic recession is now official, but the question is how long it will last.
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