高力国际：2025年美国零售业趋势前瞻报告：投资者与零售商展望（英文版）

Retail sales have remained in positive territory since 2020, but the inflation isn’t really new, maybe instead use sticky or persistent inflation and subsequent tightening of monetary policies have started to take their toll. In 2023, retail spending growth reached 3.4 percent but is expected to slow to 3.2 percent in 2024 and further to 3.1 percent in 2025. This gradual slowdown reflects a stabilizing retail landscape following the postpandemic consumer activity surge, fueled by pen