The National Retail Federation (NRF) has released its economic forecast, projecting retail industry sales—which exclude automobiles, gas stations and restaurants—will increase 4.1%, up from the 3.5% growth seen in 2014.
NRF also expects non-store sales this year to grow between 7% and 10%. The 4.1% increase would mark the biggest annual growth since 2011 when retail sales for the year increased 5.1%.