FTI Consulting, Inc. today released its 2019 U.S. Holiday Retail Forecast, which projects 5.2 percent growth in discretionary holiday spending and more promising prospects for retailers compared to the 2018 holiday season.
While challenges to the U.S. retail sector remain, the economic backdrop entering this holiday season is much the same as it was a year ago, supporting the forecasted spending increase, according to FTI Consulting’s Retail & Consumer Products practice. The factors driving this growth include positively trending macroeconomic indicators, upbeat consumer sentiment, a resilient job market and tame inflation levels across the consumer sector.. . . more