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US Easter spending to reach record $24.9 billion
Reuters·T1·
U.S. consumers are projected to spend a record $24.9 billion on Easter celebrations this year, according to the National Retail Federation. This represents a 5.5% increase from the previous year, signaling strong consumer demand despite prevailing economic uncertainties. The forecast indicates a robust holiday season for retailers, suggesting consumer confidence remains resilient and discretionary spending is healthy.
Tags
macro
retail
Original Source
Reuters — www.reuters.com