S&P Global Expects Modest Holiday Growth
In line with other organizations’ forecasts, the ratings agency expects Holiday 2024 retail sales will increase about 3%, down from 4.7% last year and below the historical 10-year average of 5.3%. Sales this year will be impacted by a more cautious consumer still reeling from higher prices, along with five fewer shopping days than last year. ... Log in to view full article.