NRF's Annual Economic Forecast and Response to State of the Union Address
Retail sales have been on the rise in recent years, and 2019 will likely be no different.
The National Retail Federation (NRF) forecasts that this year, retail sales will see an increase between 3.8 percent and 4.4 percent totaling more than $3.8 trillion. This number includes online and other non-store sales, which are also projected to increase 10-12 percent alone.
President and CEO Matthew Shay had this to say after the last night’s State of the Union Address: