BOCA RATON, FL, Sept. 14, 2021 (GLOBE NEWSWIRE) — The economic system, notably retail gross sales, continues to indicate its resilience.
The National Retail Federation, which not too long ago revised its annual estimates for 2021, now tasks retail gross sales to extend between 10.5-13.5 p.c, considerably increased than its earlier forecast of 6.5 p.c progress.
In {dollars}, retail gross sales ought to attain between $4.44-$4.56 trillion this 12 months.
These numbers are in stark distinction to the pandemic-depressed numbers in 2020 of $4.02 trillion.
“Regardless of all of the hits — COVID-19, the Delta variant, pure disasters, and Afghanistan — the U.S. economic system continues to indicate its energy,” mentioned Mitch Gould, founder and CEO of Nutritional Products International, a worldwide model administration agency primarily based in Boca Raton, Fl. “The numbers hold defying expectations whether or not it’s the month-to-month jobs report, retail gross sales, or the record-breaking inventory market.”
Comments
0 comments