The National Retail Federation recently released their forecast of this year’s holiday selling season with retail sales growing a mere 2.2 percent, lower than the 4.4 percent average growth over the last ten years. Retailers big and small are preparing to weather the economic storm that is surrounding all of us this holiday season. NRF reports the current foreclosure crisis and poor economic climate will have many consumers watching their pocketbook much closer this year when holiday shopping.

Go here to read the full report.

Comments Off