NRF Says 2022 Holiday Sales Grew 5.3% to $936.3 Billion
- Posted by Contributor
- On January 16, 2023
- Cutting Edge Products Magazine, Holiday Sales Grew, Holiday Shopping, NRF
Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s forecast amid continuing inflation and high-interest rates, NRF said today. While holiday growth was less than expected, sales for the year grew 7% over 2021 to $4.9 trillion, meeting NRF’s forecast of between 6% and 8% growth for the year.
Read More