» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 42 | NO. 47 | Friday, November 23, 2018

Retail group says holiday season off to a strong start

Print | Front Page | Email this story

NEW YORK (AP) — The largest U.S. retail trade group says the holiday shopping season has gotten off to a "very strong" start.

The National Retail Federation says consumer spending has been strong, fueled by a better economy and stores' investments in online services.

The trade group's assessment comes even after a survey of more than 3,000 shoppers Thanksgiving and Friday forecast that fewer people would turn out for the five-day weekend that ended Monday compared to a year ago. It attributed the drop to stores spreading out their deals beyond the Black Friday weekend.

The group now says it expects sales for November and December will be at the high end of its earlier forecast of a 4.3 to 4.8 percent rise. That would be below last year's 5.3 percent increase.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0