With trillions of federal stimulus money in the past, and no more on the way, this year's holiday sales are expected to return to more typical growth, according to the National Retail Federation (NRF), which forecasts a 3% to 4% increase compared to 2022.

Holiday spending during November and December, hence, is expected to reach between $957.3 billion and $966.6 billion.

Online and other non-store sales are expected to increase between 7% and 9%, according to NRF.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

National
Net Lease
Retail
Midwest
Northeast
Southeast
West