Fair weather ahead. That’s the economic forecast for 2018. Retailers should benefit from an improving employment picture, growing disposable consumer income, and an easy credit environment.
“We estimate core retail sales will increase by 4.7% in 2018,” said
Scott Hoyt, senior director of consumer economics for Moody’s Analytics,
a research firm based in West Chester, Pa. (economy.com).
“That’s an improvement over the 3.8% increase of 2017, which was
virtually flat with the previous year.” (Core retail sales exclude
volatile auto and gasoline segments).. . . more