Experiential Spending Is Recovering Faster Than Retail: NPD

by Ray Schultz , March 29, 2022

U.S. consumers are spending on in-person experiences, with the total reaching 91% of the 2019 level at the end of 2021. But there has not been a comparable boost in the retail merchandise spend, according to statistics released Tuesday by the NPD Group.

Retail spending grew by 19% over 2019 …