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Freedonia forecasts US nominal GDP to increase 4.1% annually until 2028, with personal consumption expenditures accounting for over two-thirds of GDP gains; retail sales expected to advance 3.1% in 2024, grow 2.2% annually to 2028
Published: April 15, 2024 by The Freedonia Group Inc.
Commentary: US retail sales up 0.7% in March after rising 0.9% in February; Bankrate calls recent figures among strongest retail sales reports in past couple of years, as prices aren't just going up, but Americans are actually buying more stuff
Published: April 15, 2024 by Associated Press
Advance estimates of US retail and food services sales for March were US$709.6B, up 0.7% from February and up 4.0% from March 2023; retail trade sales rose 0.8% from February and 3.6% year-over-year: Dept. of Commerce
Published: April 15, 2024 by U.S. Dept. of Commerce
Euromonitor projects e-commerce will make up 27% of global retail sales by 2028, up from 22% in 2023; while US and UK currently lead in per capita consumer spending related to the trend, Asia Pacific set to drive growth by 2027, notably Indonesia
Published: April 09, 2024 by Euromonitor International Ltd.
Canadian discounter Dollarama posts double-digit sales gains for fiscal Q4, driven by comparable-store sales growth of 8.7% year-over-year; total sales for the year up 16.1% amid new store openings, stronger than historical demand for consumables
Published: April 09, 2024 by Supermarket News

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