U.S. holiday sales will increase from 4.3 percent to 4.8 percent, getting a boost from a strong economy, according to a forecast from a leading retail industry group.
The National Retail Federation (NRF) said holiday sales growth will be higher than an average increase of 3.9 percent over the past five years but slower than the 5.3 percent growth witnessed a year earlier when consumer spending grew the most since 2005 and was boosted by tax cuts.
