January 16, 2020
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Economy Healthy Amid Mixed Holiday 2019 Retail-Sales Results
Retail
Sales for the 2019 holiday season were robust, and U.S. retailers made $730.2 billion—an increase of 4.1 percent over the 2018 holiday, according to the National Retail Federation, America’s largest retail trade group. The results met the high end of the organization’s forecast for holiday business, which ranged from 3.8 percent to 4.2 percent, said Matthew Shay, the NRF’s president and chief executive officer.
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