Jan
14
Holiday Retail Sales Deliver ‘True Level of Optimism’
Posted in: Uncategorized
The final tally on holiday sales is out — and it’s good.
The National Retail Federation said December retail sales rose 0.4% from November and 4.6% year-over- year. For all of November and December, the NRF said sales increased 3.9% to $602.1 billion, matching the group’s expectations. E-commerce sales, the NRF said, increased 9.3% to $95.7 billion.
“Considering that retail sales are an important barometer when measuring the overall health of our national economy, this report provides a level of true optimism that the recovery is picking up steam, and once again, retail leads the way,” said Matthew Shay, NRF president-CEO, in a statement.
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