National Retail Federation : holiday sales to increase 3.7% to 4.2% despite concerns over inflation
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NEW YORK (AP) — American shoppers are expected to spend more during the holiday shopping season this year, compared with a year ago, despite uncertainly over tariffs and the overall economy. The 2025 forecast from the National Retail Federation on Thursday estimates that shoppers will make $1.01 trillion to $1.02 trillion worth of purchases in November and December, an increase of 3.7% to 4.2% over the same two-month period a year ago. However, holiday spending was up 4.3% during last year’s
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