NRF Shows Strong Holiday Spending Data

NRF Shows Strong Holiday Spending Data

Retail sales increased during the holiday season, rising 4.1% from November to December, according to the CNBC/NRF Retail Monitor. The growth is in line with the National Retail Federation’s (NRF) forecast for record spending. “December Retail Monitor data saw a sharp...
Consumer Confidence Down in October

Consumer Confidence Down in October

Consumer confidence in October decreased by one point in October to 94.6, according to The Conference Board’s Consumer Confidence Index. This number is down from 95.6 in September. The Present Situation Index, based on consumers’ assessment of current business and...
NRF Predicts Holiday Sales Growth

NRF Predicts Holiday Sales Growth

The National Retail Federation (NRF) forecasts between 2.5% and 3.5% growth in holiday spending from 2023, equating to between $979.5 billion and $989 billion in total holiday spending in November and December of 2024. “The economy remains fundamentally healthy and...
Holiday Spending Up 3% Over Last Year

Holiday Spending Up 3% Over Last Year

Retail holiday spending during the 2023 holiday season rose just over 3% year over year, according to data from Mastercard SpendingPulse. “This holiday season, the consumer showed up, spending in a deliberate manner,” says Michelle Meyer, chief economist at the...