Store Numbers Release For Free

While far from the best year on record, real retail sales - current-dollar sales adjusted for the change in retail prices -- are expected to grow 1.5% in 2023, below trend yes, but better than the broad slowdown many were expecting.

While far from the best year on record, real retail sales - current-dollar sales adjusted for the change in retail prices -- are expected to grow 1.5% in 2023, below trend yes, but better than the broad slowdown many were expecting. That's enough to earn a "passing" grade in our forecast.

At NRF's State of Retail & the Consumer event, NRF forecasted retail sales to grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year.

At NRF's State of Retail & the Consumer event, NRF forecasted retail sales to grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year.

The retail sales number is a crucial data point in the United States and its release is one of the most market-moving events of the month. The data hits the newswires at Eastern Time on or around the 13th of every month.

Every month, the U.S. Department of Commerce's Census Bureau releases its first calculation of the previous month's retail sales.

What's next for retail in 2023? The future is all about understanding customers' needs and demands, hybrid experiences, and empowering experiences. In 2023, retail sales worldwide are forecast at $30.3 trillion (4.5% more than this year). From 2020 to 2026, total retail sales are expected to rise by $9.2 trillion.