U.S. consumers will collectively spend a record-high $22.9 billion to celebrate Father’s Day this year, according to a National Retail Federation survey— up from the $20 billion they dropped last year,
The National Retail Federation reveals that retail sales "unexpectedly" jumped at the end of 2020, up by over 8% from the previous record. (Associated Press)
Americans are projected to spend $50 billion on holiday shopping Friday and into the weekend, according to the National Retail Federation. (Associated Press)
"Political leaders on both ends of Pennsylvania Avenue need to stop undermining consumer confidence with partisan posturing," says National Retail Federation President Matthew Shay. "If it's bad for retail, it's bad for the economy." (National Retail Federation)
** FILE ** In this Friday, Nov. 25, 2011, file photo, a checkout line winds through a Best Buy store as shoppers take advantage of a midnight Black Friday sale on Friday, Nov. 25, 2011, in Brentwood, Tenn. The National Retail Federation, the nation's largest retail trade group, said Tuesday, Oct. 2, 2012, that it expects sales during the winter holiday shopping period in November and December to rise 4.1 percent this year. (AP Photo/Mark Humphrey, File)