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Shoppers Are Under Pressure. A Recession Could Be Next.

Por: MarketWatch Business January 22, 2023

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The muted sales figure won’t do much to foster hopes for blowout fourth-quarter results from retailers—and it certainly doesn’t provide a reassuring springboard for retail sales in 2023.  The National Retail Federation, a trade group that publishes yearly holiday sales forecasts, estimated that core holiday sales in November and December grew 5.3% to $936.3 billion, falling short of its forecast for 6% to 8% growth. “The pace of... + full article



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