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.

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.

 

More economic and consumer research from NRF

Monthly Economic Review: January 2023
 
Fed seeks balance between inflation and interest rates to avoid recession in New Year.
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Inflation vs. Interest Rates Key to Avoiding Recession
 
It’s too soon to say whether the Fed’s efforts to lower inflation will lead to a recession, but they increase the odds.
Read more
Retail Holiday and Seasonal Trends
 
Consumer spending data for retail holidays throughout the year.
Read more