November 9, 2023
The 2023 forecast is consistent with an average annual holiday increase of 3.6 percent in consumer retail spending from 2010 to 2019.
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NRF Forecasts Consumer Holiday Spending to Exceed $957B
Retail
The National Retail Federation forecasted 2023 consumer holiday retail spending will reach between $957.3 billion and $966.6 billion, reflecting 3 to 4 percent growth over 2022.
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