#210 Forecasting Retail Sales for 2021

The National Retail Federation recently published its annual retail sales forecast for 2021, projecting that retail sales will grow between 6.5 and 8.2 percent, to more than $4.3 trillion in 2021. In this episode, NRF’s Chief Economist, Jack Kleinhenz, shares what goes into the forecasting process and what is likely to impact consumer spending this year.

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