2012 holiday-sales forecast

NRF Expects Solid Growth This Holiday Season

The National Retail Federation has released its forecast for this year's holiday sales: an increase of 4.1%—higher than the 10-year average holiday-sales increase of 3.5%. “This is the most optimistic forecast NRF has released since the recession," says NRF president and CEO Matthew Shay. "In spite of the uncertainties that exist in our economy and among consumers, we believe we’ll see solid holiday-sales growth this year.