NRF Sees Retail Sales Growth Moderating in 2019
Retail sales are expected to grow between 3.8% and 4.4% in 2019 to more than $3.8 trillion, according to the NRF’s annual forecast, representing a slight deceleration from 2018. Online sales, which are included in the total, are expected to grow 10% to 12%. The state of the economy is strong, with consumer confidence bolstered by low unemployment, rising incomes and lower taxes. But the NRF warns that self-inflicted wounds, such ... Log in to view full article.