General Merchandise Stores Gross Output in the US exhibited an overall growth trend from 2013 to 2023, peaking at 257.3 Billion USD in 2023. Notable dips occurred in 2016 and 2020, with significant recovery observed in 2021 and 2022. Annual growth averaged 1.36% over the last five years. Forecasts from 2024 to 2028 predict a moderate annual growth rate of 1.09%, leading to a projected output of 274.78 Billion USD by 2028.
Future trends to watch for include shifts in consumer behavior due to technology advancements and economic changes, as well as potential impacts from global supply chain disruptions.
