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Vacation Purchasing Can Beat Forecast (Regardless of Inflation and New Covid Variant) | 2021
(November 3, 2021) The 2021 vacation season seems to be on observe to exceed the Nationwide Retail Federation’s earlier forecast. Regardless of provide chain disruptions, inflation, and challenges like the brand new COVID-19 omicron variant, the Nationwide Retail Federation’s (NRF) chief economist mentioned immediately that vacation spending can prove even higher than the retail commerce affiliation earlier forecasted. “Now that we’re in December, the vacation purchasing season is nearing the end line. The query is how have elements starting from financial indicators to the twists of the COVID-19 pandemic affected the season to this point, and what function will they play within the weeks that stay? There’s no crystal ball…