What's Inside

We launch our coverage of the 2023 holiday season in US retail with an early look at the likely trajectory in retail demand in the end-of-year peak. We present our retail sales growth projections and discuss consumer sentiment, inflation, inventory and more.

Data in this research report include:

• Year-over-year changes in total US retail sales since January 2022, and nominal and estimated real retail sales growth in year-to-date 2023
• US CPI and retail-specific inflation
• Proprietary survey findings on US consumers’ expectations for their personal financial situation during holiday 2023 versus last year
• Latest metrics for leading indicators of US retail sales—including unemployment rate and consumer sentiment
• November and December 2023 calendars
• US retail inventories-to-sales ratios and inventory growth rates

Companies mentioned in this report include: Home Depot, Levi’s, NIKE, Ross Stores, Skechers, Target, VF Corporation

Other relevant research:

• All Coresight Research coverage of US holiday retail
• Our full series of US Consumer Tracker and US Consumer Tracker Extra survey reports
• Coresight Research monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US. Click here to view our full collection of monthly reports.