What's Inside

Take an early look at the likely trajectory in retail demand for the 2024 holiday season! We present our retail sales growth projections and discuss consumer sentiment, inflation, the holiday calendar and more.

Data in this research report include:

• Year-over-year change in total US retail sales—actual and projected, May 2023–May 2025
• Proprietary survey findings—US consumers’ spending expectations and actual behavior for the holiday season, 2023 vs. 2024; expectations for their personal financial situation and the economy; changes in shopping habits in response to inflation
• Latest metrics for leading indicators of US retail sales—including unemployment rate, wages and consumer sentiment
• US CPI, October 2023–May 2024
• November and December 2024 calendars
• Seasonal weather forecast

Companies mentioned in this report include: Amazon, Burlington Stores, Kohl’s, Macy’s, Shein, Target, Temu, The TJX Companies, Walmart

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
• Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators in the US.