RETAIL Online Spending Could Top $124B Over The Holidays

MONTHLY ECONOMIC REVIEW: OCTOBER 2014

National Retail Federation

This month NRF Chief Economist Jack Kleinhenz unwraps the basis for the holiday retail sales forecast (NRF anticipates retail sales growth of 4.1 percent) and explains how he uses current economic data and statistics to predict the future and project sales gain during the all-important holiday shopping season.


NRF’s Monthly Economic Review is a report for NRF and its communities’ members that includes the latest information on industry sales, providing a thorough overview of the current retail and economic climate.

Prepared by NRF chief economist Jack Kleinhenz, the report utilizes recent economic data to analyze the impact of key indicators such as energy costs and the housing market on retail sales growth.