NRF Forecasts

Steady sales growth expected for 2024 holiday season

The National Retail Federation forecast that winter holiday spending is expected to grow between 2.5% and 3.5% over 2023.

 
Holiday wreath
 
NRF 2024 annual retail sales forecast

NRF forecasts that retail sales will increase in 2024 between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion.

 
Shopping
 
NRF 2024 annual retail sales forecast FAQ

Browse frequently asked questions about NRF's annual retail sales forecast from 2024 to learn more about how the forecast is calculated.

 
Shopping
 

More economic and consumer research from NRF

Census Data for October Shows ‘Healthy’ Retail Sales and ‘Early Step Forward’ Into the Holiday Season
 
Data released by the U.S. Census Bureau shows that retail sales grew solidly over the past two months.
Read more
Center for Retail & Consumer Insights
 
NRF Center for Retail & Consumer Insights logo
NRF's hub for data-driven insights into the modern retail industry and the consumers who drive it.
Read more
Retail Holiday and Seasonal Trends
 
Three women laughing and walking with shopping bags
Consumer spending data for retail holidays throughout the year.
Read more