NRF Forecasts 2023 Retail Sales to Grow Between 4% and 6%
The NRF issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023.
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Retail sales
NRF Says Core Retail Sales Grew in February Amid Strong Labor Market
Overall retail sales dipped slightly in February, but core spending rose, NRF said.
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NRF Says Retail Sales Picked Up in January as Job and Wage Growth and Easing Inflation Encouraged Spending
Retail sales bounced back strongly in January as inflation eased and income grew, NRF said.
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NRF Economist Says U.S. Recession Unlikely and Expects Slight Growth in 2023
A recession is unlikely and the economy should see slight growth in 2023, NRF Chief Economist Jack Kleinhenz says.
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NRF Says 2022 Holiday Sales Grew 5.3% to $936.3 Billion
2022 holiday sales grew 5.3% over 2021 to $936.3 billion, falling short of NRF's forecast, but annual sales grew 7%.
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