NRF Forecasts Retail Sales to Grow 3.1% in 2016

In its 2016 economic forecast, the National Retail Federation (NRF) projects that retail industry sales (which exclude automobiles, gas stations and restaurants) will grow 3.1%, higher than the 10-year average of 2.7%. NRF also announced today it expects non-store sales in 2016 to grow between 6 and 9%. “The consumer is in the driver’s seat and steering our economic recovery. The best thing the government can do is stay out of ... [+]

advert 3