The forecast for US retail trade sales from 2024 to 2028 shows a consistent change of 2.18% annually, indicating stable growth in the sector without deviation. Compared to previous years, this stability suggests a steady economic environment conducive to retail activities. In 2023, the market experienced variations that are not specified here, but moving forward, the average year-on-year growth reflects a moderate and sustained expansion.
Future trends to watch for include:
- The impact of e-commerce growth and its effect on traditional retail.
- Consumer spending behavior changes due to economic factors such as inflation or shifts in disposable income.
- Technological advancements and their integration into retail operations, like AI and automation.
- Sustainability trends influencing both product offerings and supply chain strategies.