Every quarter Capital Business Credit surveys importers and manufacturers of retail goods to get their take on the health of the market and retail trends.
This quarter, the survey results reflect that despite the economic factors that have shaken consumer confidence, America’s Major retailers are expecting a slight uptick in holiday sales :
Some key data points of the survey include:
• 77 percent of importers of retail goods believe that the winter/holiday season will be the same or slightly stronger than last year, up 3 percent from their predictions in 2012
• Nearly half of respondents (48.9 percent) cited that their retail customers ordered more this holiday season than last year.
• 50 percent of manufacturers are showing concern that the government shutdown could affect holiday retail sales due to shaken consumer confidence
To read more of the survey results, click here.