NRF Praises Strong Holiday Season — Chain Store Age

 

The National Retail Federation points to consumer confidence and low unemployment as contributors to a strong holiday season:

“With unemployment at a 17-year low, a pickup in income, strong consumer confidence and a rising stock market, NRF chief economist Jack Kleinhenz said a number of factors provided a strong base for spending during the holidays. The season also came on the heels of the three strongest monthly year-over-year gains for retail sales since the fourth quarter of 2014.”

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