Economy

NRF Forecasts

2022 Retail sales forecast

NRF expects retail sales will grow between 6 percent and 8 percent to more than $4.86 trillion in 2022.

Read the full press release
Shopping
 
Holidays
 
2022 Holiday retail sales forecast

NRF forecasts that holiday retail sales during November and December will grow between 6% and 8% over 2021 to between $942.6 billion and $960.4 billion.

 
Learn more

More economic and consumer research from NRF

Monthly Economic Review
NRF Economist Says U.S. Recession Unlikely
 
A recession is unlikely and the economy should see slight growth in 2023, NRF Chief Economist Jack Kleinhenz says.
Read more
Monthly Economic Review
Monthly Economic Review: February 2023
 
Sluggish growth expected in 2023.
Read more
Retail Insights and Trends
Retail Holiday and Seasonal Trends
 
Consumer spending data for retail holidays throughout the year.
Read more