Dschrute3
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- Dec 10, 2016
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Good to see more folks making money and having some fun with it. Go Trump!
Strongest holiday sales since Great Recession, up 5.5%, topping industry's forecast
Holiday sales during November and December jumped 5.5 percent compared to last year, marking the largest largest jump seen since after the end of the Great Recession, the National Retail Federation said on Friday.
Total sales were $691.9 billion, exceeding NRF's forecast of between $678.75 billion and $682 billion, which would have been an increase of between 3.6 and 4 percent.
"We knew going in that retailers were going to have a good holiday season but the results are even better than anything we could have hoped for," NRF President and CEO Matthew Shay said.
The NRF attributed the growth to growing wages, employment and strong consumer confidence...
Strongest holiday sales since Great Recession, up 5.5%, topping industry's forecast
DRUDGE REPORT 2018®
Strongest holiday sales since Great Recession, up 5.5%, topping industry's forecast
Holiday sales during November and December jumped 5.5 percent compared to last year, marking the largest largest jump seen since after the end of the Great Recession, the National Retail Federation said on Friday.
Total sales were $691.9 billion, exceeding NRF's forecast of between $678.75 billion and $682 billion, which would have been an increase of between 3.6 and 4 percent.
"We knew going in that retailers were going to have a good holiday season but the results are even better than anything we could have hoped for," NRF President and CEO Matthew Shay said.
The NRF attributed the growth to growing wages, employment and strong consumer confidence...
Strongest holiday sales since Great Recession, up 5.5%, topping industry's forecast
DRUDGE REPORT 2018®