The National Retail Federation says that retail growth in 2006 will slow to 4.7%. In 2005, the rate was 6.1% (which beat the NRF's prediction of 5.6%).
The reasons given are continued high energy prices and a slowdown in the housing market, which will cut back on spending by those who have been cashing in on their home equity.
This is in line with most of the economic projections I've seen. The consensus seems to be that overall economic growth will be strong in 2006, but it will be business spending that drives it more than consumers. If you're in a B2B channel, this is good news.
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