Retail sales to slow in 2022 due to inflation and other disruptions but reach nearly $5 trillion: NRF
The National Retail Federation forecasts 6% to 8% growth in annual retail sales in 2022, reaching between $4.86 trillion and $4.95 trillion excluding restaurants, gas stations and car dealers. This compares to 14% annual growth in 2021, the biggest jump in more than 20 years. "We should see durable growth this year given consumer confidence to continue this expansion, notwithstanding risks related to inflation, COVID-19 and geopolitical threats," said Matthew Shay, chief executive of the NRF, in the release. Читать дальше...