Holiday Sales Expected To Increase 4%

December 1, 2014

(Undated)  --  The National Retail Federation is projecting holiday sales for November and December to rise this year.  President and CEO Matthew Shay says this could mark the biggest holiday season in a while.  The National Retail Federation predicts a four-point-one-percent increase to about 617-billion-dollars.  Shay says it's the highest number in the post-recession era, much higher than the ten-year average of two-point-nine-percent.  He says many people feel like they've recovered from the recession, and falling gas prices could help shoppers spend more.  That, Shay says, would put more money into the economy.

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