However, new tariffs present ‘downside risks.’
However, stock market and tariffs could lead to caution in consumer spending.
Retail sales were up 0.6 percent in June.
However, fundamentals ‘remain positive,’ according to NRF.
The results come as NRF is forecasting that retail sales during 2019 will increase between 3.8 percent and 4.4 percent.
Sales are up 3.6 percent over 2018, according to NRF.
2018 holiday sales grew 2.9 percent amid turmoil over trade policy and delay in data collection.
NRF forecasts retail sales will grow between 3.8 and 4.4 percent.
Retailers hired 576,800 seasonal workers for holidays.
Retail employment nearly unchanged from September.