Several organizations are predicting healthy holiday sales this year, thanks to a robust macroeconomic backdrop that has brought on “the most favorable [time] for consumer spending in the post- Great Recession era,” according to Retail Metrics president Ken Perkins.
“The housing market is in decent shape. Consumer Net Worth hit another record in [the second quarter this year] and is on track to do so once again in the third quarter,” he told Retail Dive in an email.
