Retail Sales Forecast Increased By NRF, But Tariff Uncertainty Still An Issue
SEAFOODNEWS.COM [SeafoodNews] - August 14, 2018
The National Retail Federation (NRF) has changed their 2018 economic forecast.
Back in February the NRF projected that retail industry sales would increase between 3.8 and 4.4 percent. Now, NRF is expecting 2018 retail sales to increase a minimum of 4.5 percent.
So, what sparked the change? NRF is crediting the upgraded forecast to tax reform and “other positive economic inputs.” However, with that said, the organization is still concerned about the impact of tariffs on consumer confidence ...
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