CoStar News’ Post

U.S. retail sales are on track to grow between 2.5% and 3.5% this year, reaching between $5.23 trillion and $5.28 trillion, according to the National Retail Federation. The Associated Press has more insights from the report:  https://lnkd.in/ggJNqm8q  

The National Retail Federation forecasts retail sales to increase between 2.5% and 3.5% to reach over $5 trillion this year. Read on to see how that compares to previous years and what they predict for the future. #NRF #Retail #RetailStats https://lnkd.in/eVUH7QPi

The National Retail Federation forecasts retail sales to increase between 2.5% and 3.5% to reach over $5 trillion this year. Read on to see how that compares to previous years and what they predict for the future. #NRF #Retail #RetailStats https://lnkd.in/eVUH7QPi

The National Retail Federation (NRF) forecasts that 2024 retail sales will increase between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion. Read how this forecast aligns with past years: https://lnkd.in/eQu8JQPY #retail #retailsales

“The National Retail Federation projects that U.S. retail sales for 2024 will increase by 2.5% to 3.5% compared to the previous year, totaling between $5.23 and $5.28 trillion. That’s slightly less than the 3.6% increase seen in 2023, but it’s in line with the 10-year pre-pandemic average annual sales growth figure of 3.6%.” Read more from Retail TouchPoints >> https://lnkd.in/gNV3Wu-S

Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year-over-year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation (NRF). Total retail sales were up 2.34 percent unadjusted YoY in January, according to the Retail Monitor. That compares with increases of 0.44 percent month-over-month and 3.07 percent YoY in December. #retailsales #economicgrowth

Retail sales volumes fell by 3.2% in December 2023, the largest monthly fall since January 2021 when lockdown restrictions were in place, according to the latest figures from the Office for National Statistics (ONS). #retailsales #retail #retailing

Retail sales reported by the National Retail Federation Retail Monitor indicated consumer spending slowed in June compared to May. Excluding automobile and gasoline, sales were up 0.47% from May, slower than the 1.35% growth reported in May. However, retail sales grew 3.42% from June 2023, which was the highest gain for total sales since last November. Retail sales were only slightly higher than the 3% inflation rate for the same period. #retailsales #nrf

Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year, according to the CNBC/NRF Retail Monitor. Dive into the data below via National Retail Federation.

U.S. retail sales are expected to rise at a steady but slower pace in 2024 compared to last year https://lnkd.in/eVs3dQJB The National Retail Federation (NRF) on Wednesday forecast that retail sales will increase between 2.5% and 3.5% in 2024, to between $5.23 trillion and $5.28 trillion #retail Chain Store Age