Holiday 2019: US Retail Outlook Preview
This report offers our first look at expected US retail demand this holiday season, ahead of our fuller holiday outlook report, publishing in later September.
- Coresight Research estimates a 3.5-4.0% year-over-year increase in US retail sales during the holiday months of November and December.
- Lower gas prices are a plus for holiday spending, providing as much as an incremental 50 basis points to sales.
- Consumer confidence remains high, although it has experienced greater volatility since the escalation of the US-China trade conflict.