Retail sales buzz along

|By:, SA News Editor

The National Retail Federation forecast holiday retail sales will increase between 4.3% and 4.8% to between $717.45B and $720.89B.

After factoring in today's November retail sales report, the NRF observes that the three-month moving average for retail sales is up 4.3% Y/Y amid a solidifying trend.

"Consumers have the capacity and confidence to spend this holiday season," says NRF Chief Economist Jack Kleinhenz.

ETFs: XLY, XRT, VCR, RTH, RETL, FDIS, IYK, FXD, IYC, EMTY, SCC, RCD, UCC, PMR, UGE, SZK, FTXD, JHMC.

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