US holiday retail sales grew 2.9% to $707.5 bn in 2018

Holiday retail sales during 2018 in US grew a lower-than-expected 2.9 per cent over the same period in 2017 to $707.5 billion, said the National Retail Federation (NRF). The numbers fell short of NRF’s forecast last fall that holiday sales from November 1 through December 31 would grow between 4.3-4.8 per cent to between $717.45-$720.89 billion.
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