Average consumer spending during the holiday season will top $1,000 -- $1,007.24 to be exact. That's 4.1% more than the $967.13 spent during the 2017 holiday season, according to a Prosper Insights & Analytics survey conducted for the National Retail Federation (NRF). The rise is in line with the NRF prediction of a 4.3% to 4.8% jump in retail holiday sales in 2018, creating a total ranging from $717.45 billion to $720.89 billion. This forecast is based on multiple economic factors, while the co...
NRF Survey: Consumers Will Increase Holiday Spend 4.1% In 2018
Retail Touch Points - 24 Oct 2018 23:16
Average consumer spending during the holiday season will top $1,000 -- $1,007.24 to be exact. That's 4.1% more than the $967.13 spent during the 2017 holiday season, according to a Prosper Insights & Analytics survey conducted for the National Retail Federation (NRF). The rise is in line with the NRF prediction of a 4.3% to 4.8% jump in retail holiday sales in 2018, creating a total ranging from $717.45 billion to $720.89 billion. This forecast is based on multiple economic factors, while the co...
Share this Article
Recommended