✉news BusinessRetail first seen 6 h ago, last 1 h ago, peak #3
US holiday retail sales expected to top $1 trillion
Original: Holiday retail sales are expected to top $1 trillion as inflation boosts growth
Holiday retail sales are forecast to exceed $1 trillion for the first time, with analysts noting that inflation is inflating the total even as shoppers remain active. The milestone highlights resilient consumer spending during the holiday season, though higher prices mean the figure partly reflects rising costs rather than a surge in the volume of goods sold.
Why now: Forecasts of a record $1 trillion holiday season are making headlines as inflation keeps prices and spending figures elevated.
National Retail FederationUS retail industry
Rank over time, top of the chart is #1. 5 snapshots from 6 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/484396