David Kuack |
In January the National Retail Federation released its 2010 economic forecast, which projected a 2.5 percent increase over 2009. Federation officials cited positive signs in economic indicators such as housing and employment as helping to bolster consumer confidence throughout the year. The projected increase would match the sales decline that occurred during 2009. Other positive economic contributions, according to the Federation, will come from strong trade exports, adjustments in the inventory cycle and federal government spending. |
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