In the October issue of Hardware Retailing, industry and economic experts provide helpful insights into how they believe the holiday shopping season will shape up for 2026. Here are some additional insights into expectations for holiday spending. Coresight Research anticipates …
Read More »Tag Archives: holiday spending
Unwrapping Expectations for This Holiday Season
Thanks to an uptick in consumer spending, an increase in traffic and a boost in profit opportunities in a short window of time, the holiday selling season—Halloween, Thanksgiving, Black Friday, Cyber Monday and Christmas—is especially important for ending the year …
Read More »NRF Shows Strong Holiday Spending Data
Retail sales increased during the holiday season, rising 4.1% from November to December, according to the CNBC/NRF Retail Monitor. The growth is in line with the National Retail Federation’s (NRF) forecast for record spending. “December Retail Monitor data saw a …
Read More »Retail Holiday Spending Forecast to Hit $1 Trillion
Retail sales in November and December are expected to grow between 3.7% and 4.2% from last year, according to the National Retail Federation’s (NRF) recently released annual holiday forecast. This translates to total spending between $1.01 trillion and $1.02 trillion. …
Read More »Consumer Confidence Down in October
Consumer confidence in October decreased by one point in October to 94.6, according to The Conference Board’s Consumer Confidence Index. This number is down from 95.6 in September. The Present Situation Index, based on consumers’ assessment of current business and …
Read More »Strong Holiday Spending Expected Despite Economic Uncertainty
Consumers plan to spend $890.49 per person on average this year on holiday gifts, food, decorations and other seasonal items, according to the National Retail Federation’s (NRF) annual consumer survey conducted by Prosper Insights & Analytics. “Time and again, Americans …
Read More »NRF Predicts Holiday Sales Growth
The National Retail Federation (NRF) forecasts between 2.5% and 3.5% growth in holiday spending from 2023, equating to between $979.5 billion and $989 billion in total holiday spending in November and December of 2024. “The economy remains fundamentally healthy and …
Read More »Holiday Spending Up 3% Over Last Year
Retail holiday spending during the 2023 holiday season rose just over 3% year over year, according to data from Mastercard SpendingPulse. “This holiday season, the consumer showed up, spending in a deliberate manner,” says Michelle Meyer, chief economist at the …
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