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The National Retail Federation

Holiday sales climbed 2.9% from 2017

WASHINGTON — The National Retail Federation (NRF) said holiday sales were up 2.9% from a year ago, rising at a slower pace than the association had forecast. “All signs during the holidays seemed to show that consumers remained confident about the economy,” said NRF president and chief executive officer Matthew Shay. “However, it appears that

NRF holiday retail sales forecast reflects strength

WASHINGTON — The National Retail Federation (NRF) has projected holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — to increase between 4.3% and 4.8% over 2017 to $717.45 billion to $720.89 billion. The forecast compares with an average annual increase of 3.9% over the past five years. “Our forecast reflects