NRF forecasts 39very very solid39 36 growth in holiday spending

NRF forecasts 'very, very solid' 3.6% growth in holiday spending.

NRF predicts cheerful holiday season

Consumers are in a good place to spend, forecast indicates

Holiday spending will increase a solid 3.6% this year to $655.8 billion, the National Retail Federation projected Tuesday.

The annual forecast does not include auto sales, gas and restaurants. But the largest retail sector included in the projection is food-and-beverage stores, which last year accounted for 19% of the $632.8 billion in total sales.

In 2015, holiday sales increased 3.2% over the prior year, the NRF said.

“We think 3.6% is a very, very solid

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