As of 2023, the production volumes of retail trade (excluding motor vehicles and motorcycles) in the U.S. stood at 1.442 trillion US dollars. From 2024 to 2028, forecasts predict a steady increase, showcasing a consistent growth pattern with the retail sector expanding from 1.4648 trillion USD in 2024 to 1.5566 trillion USD in 2028.
Year-on-year growth is projected at:
- 1.61% from 2024 to 2025,
- 1.56% from 2025 to 2026,
- 1.50% from 2026 to 2027,
- 1.45% from 2027 to 2028.
The compound annual growth rate (CAGR) over the period from 2024-2028 is approximately 1.57%, reflecting a stable upward trend.
Future trends to monitor include the impact of e-commerce innovations, consumer behavior shifts post-pandemic, and macroeconomic factors influencing discretionary spending. These elements will play crucial roles in shaping the trajectory of retail trade volumes.
