Items Tagged with 'National Retail Federation'

Despite concerns about rising prices due to tariffs, 66% of consumers plan to hand out candy this year, and per-person spending has reached a record $114.45.

On average, consumers are expected to spend $179.70 on Easter festivities, a record for the 13 years the federation has conducted the survey. That’s up from $175.85 in 2020.

Spending projections for Valentine’s Day are not as sweet as 2020, but American consumers are still expected to feel the love, according to a survey conducted by the National Retail Federation and Prosper Insights & Analytics.

Despite uncertainty with the COVID-19 pandemic, the National Retail Federation predicts consumers will open their pocketbooks to spread holiday cheer.

The NRF noted total spending is up 32 percent from 2019, thanks to strong consumer finances and the ongoing trend of consumers buying more gifts for friends, family, co-workers and pets.

The National Retail Federation expects total holiday spending to reach roughly $730 billion, up about 4 percent from last year.

New consumer spending data from the National Retail Federation and Prosper Insights & Analytics project retailers will have another “boo-tiful” Halloween season.

American consumers will show a lot of love for Valentine’s Day this year, new data from the National Retail Federation and Prosper Insights & Analytics reveals.

Shoppers may dream of a white Christmas, but this holiday season will have retailers seeing green — and lots of it, according to new data from the National Retail Federation and Prosper Insight & Analytics.