Record Retail Spending Expected In 2021

Consumer spending is on its way to reaching record levels in 2021. Retail sales will grow by 8.1 percent this year — the fastest pace this century — to a record $4.3 trillion, according to retail consulting firm Customer Growth Partners, which tracks government data and its own proprietary research. The robust growth tops the annual 6.4 percent increase in 2004, which had been the biggest increase of the century so far. Read more at New York Post.