2016 Retail Sales Predictions
The National Retail Federation (NRF) released its economic forecast for the year, projecting that retail industry sales will grow 3.1%, higher than the 10-year average of 2.7%. The NRF also announced that it expects non-store sales in 2016 to grow between 6% and 9%. These predictions exclude purchases related to automobiles, gas stations and restaurants. Read more of the forecast here.