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Retail ETFs in Focus During Holiday Shopping Season
December 01, 2014 at 09:00 AM EST
With one of the busiest retail weekend behind us, and with Cyber Monday in full swing, the retail industry continues to be in focus in December, as consumers prepare for the holidays. Analysts are quite optimistic about this year’s retail sales in December, and given just how much certain retailers rely on this season, we take a look at sales forecasts and highlight which ETFs investors should keep an eye on [see also Invest Like a Billionaire: Under the Hood of the IBLN ETF]. The Forecast The National Retail Federation sees retail sales in November and December (excluding auto, gas, and restaurant sales) to grow 4.1% from last year, bringing total spending to an estimated $616.9 billion. 2013 saw a 3.1% increase during the same time frame. The NRF also believes that retail sales during these two months will account for approximately 19.2% of the retail industry’s annual sales. From an individual consumer […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
With one of the busiest retail weekend behind us, and with Cyber Monday in full swing, the retail industry continues to be in focus in December, as consumers prepare for the holidays. Analysts are quite optimistic about this year’s retail sales in December, and given just how much certain retailers rely on this season, we take a look at sales forecasts and highlight which ETFs investors should keep an eye on [see also Invest Like a Billionaire: Under the Hood of the IBLN ETF]. The Forecast The National Retail Federation sees retail sales in November and December (excluding auto, gas, and restaurant sales) to grow 4.1% from last year, bringing total spending to an estimated $616.9 billion. 2013 saw a 3.1% increase during the same time frame. The NRF also believes that retail sales during these two months will account for approximately 19.2% of the retail industry’s annual sales. From an individual consumer […]
