Americans Show They’re Eager To Shop Even As Pandemic Stretches On, Retail Economist Says

Americans have shown they are eager to shop, even during a recession and global health crisis, the National Retail Federation’s chief economist, Jack Kleinhenz, said Monday. That could be a promising sign for retailers banking on holiday sales, he said. “Strong growth in retail sales during the last few months points to the resiliency of consumers even in this disruptive pandemic environment,” Kleinhenz said in the November issue of the trade group’s Monthly Economic Review. “Taking in all the evidence available, the U.S. economic recovery has progressed more quickly than generally expected.” Read more at CNBC.

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