One of the country's largest retail trade groups, the National Retail Federation, boosted the industry's outlook for the year on Wednesday, saying it anticipates "the fastest growth that we've seen in this country since 1984."Retail sales are expected to grow between 10.5% and 13.5% to an estimated total of $4.44 trillion to $4.56 trillion in 2021, as the economy rebounds from the coronavirus pandemic and customers spend money they have socked away, the NRF's chief economist, Jack Kleinhenz, said at a virtual event. That forecast includes store and online sales, but excludes automobile dealers, gas stations and restaurants.
USA: National Retail Federation boosts its annual forecast, expects 'fastest growth that we've seen in this country since 1984':
One of the country's largest retail trade groups, the National...
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