“The research firm MacroSavvy expects holiday sales to rise 3.5% this year…”
That is the quote in the Wall Street Journal article rounding up holiday forecasts from the National Retail Federation and other sources. The full article is found here.
IN THE NEWS: The Wall Street Journal
LongViews
The pandemic’s historic toll on jobs
The holiday sales track record over 25+ years
E-commerce by category over 20+ years
Phillips Curve: An inflation-unemployment trade-off?
Wages finally eclipse prior peak reached in 1972
Historically low price inflation (until 2021)