Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Retail Sales Forecast: Up 3.4% in 2013
Jan 28, 2013
 Printable format
 Email this Article
 Search

Ongoing political wrangling may continue to create consumer uncertainty and slow retail sales in 2013, leading to a forecast of less growth than in 2012, according to the National Retail Federation.

The NRF forecasts retail industry sales (which does not include automobiles, gas stations, and restaurants) will be up 3.4% in 2013. That will put 2013 down slightly from the 4.2% preliminary growth in 2012.

Online sales are projected to show grow between 9.0 and 12.0% in 2013.

The NRF said that the subdued forecast comes just after a holiday season in which shopping was depressed by Washington, DC's political wrangling over fiscal concerns. Holiday season 2012 sales increased 3.0%.

Holiday season 2012 online sales were up 11.1%.

NRF President and CEO Matthew Shay said the negative impact of political wrangling, seen during the 2012 holiday season, will likely go on through 2013. "Consumers read troubling economic headlines every day and look at their bottom lines at the end of the month, and they don't like what they see," said Shay. "Pushing fiscal policy decisions down the road will lead to even greater uncertainty, and will continue to impact consumers' desire and ability to spend on discretionary items. The administration and congress need to pursue and enact policies that lead to growth and economic expansion, or it could be another challenging year for retailers and consumers alike."

Back to Daily News

 

Daily News

...........................................................

Sep 30, 2014: Whirlpool Water launches refrigerator filter recycling program

Sep 29, 2014: Miele Professional launches new-generation medical appliances

Sep 25, 2014: Cub Cadet's new lawn tractor has Bluetooth and its own app

Sep 25, 2014: Electroindustry Business Conditions down in September

Sep 24, 2014: GE has the highest ranked appliance brand website; h.h. gregg ranked top appliance retailer website

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows