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retail industry sales

NRF forecasts 3.1% rise in retail sales for 2016

NRF forecasts 3.1% rise in retail sales for 2016

WASHINGTON — Economists at the National Retail Federation (NRF) predict retail industry sales in 2016 will exceed their 10-year average as the economy continues to grow and consumers show more willingness to spend. The federation forecasts sales will increase 3.1% this year, topping the 2.7% average over the past decade. The report, released today, predicts