NEW YORK ( TheStreet) -- Holiday sales are expected to grow this year, according to analysts.
Industry group the National Retail Federation predicts that retail sales will grow 2.8% in November and December this year to a total of $465.6 billion. Growth will be marginally higher than the 10-year average of 2.6%, the group says.
A recent Deloitte survey shows that U.S. consumers (59%) intend to spend the same amount as they did last year on shopping or raise the level this year, despite the general discontent about the economy.
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