Holiday sales expected to shatter records in 2022, says National Retail Federation

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On average, shoppers expect to spend $832.84, which is in line with the average for the past 10 years.

The National Retail Federation released its holiday sales forecast Thursday afternoon. The trade association predicts sales between $942.6 billion and $960.4 billion, which would shatter last year’s record of $889.3 billion. The holiday spending numbers exclude vehicle sales, gasoline and restaurants.

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