The forecast value added of the US retail trade (excluding motor vehicles and motorcycles) shows a steady year-on-year increase from 2024 to 2028, with expected values rising from 826.94 billion to 884.46 billion USD. This translates into an approximate average annual growth rate (CAGR) over the five-year forecast period. In 2023, the retail trade value stood at approximately 812 billion USD, indicating consistent growth in the sector.

Future trends to watch include:

Potential impact of e-commerce advancements and digitalization on traditional retail operations.
The influence of economic conditions, consumer confidence, and discretionary spending patterns.
Shifts in supply chain dynamics and logistics affecting cost structures and profit margins.