Article by Lucy Koch
Source: emarketer.com, February 2019
That depends on whom you ask.
Earlier this month, the National Retail Federation (NRF) projected growth of 3.8% to 4.4%.
But we forecast retail sales will grow by only 3.2% in 2019. And to complicate matters, the NRF’s projections result in sales of $3.82 trillion to $3.84 trillion, while we forecast total sales of $5.514 trillion. So, which numbers should you rely on?