forecasts

Pessimistic Consumers Keep Spending, Forecast To Surpass $1 Trillion

The National Retail Federation expects Americans to cross a milestone this season, with holiday sales topping $1 trillion for the first time.

In the new forecast, the trade association projects that November to December sales will rise between 3.7% and 4.2% from last year, reaching $1.01 trillion to $1.02 trillion. …

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