iHumanMedia.com expects retail to gain .4% Q4 2015 in December holiday sales. Forecast inflation to rise and the Federal Reserve to raise interest rates.
More recently, consumers scaled back spending in October 2015, but that won’t prevent the Federal Reserve from raising interest rates in December, agrees JPMorgan Asset Management’s global markets strategist David Lebovitz. Retail sales rose just 0.1% in October, missing estimates of 0.3 percent. But healthy holiday shopping is likely but may fall short of past metrics.
United States Retail Sales YoY Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States Retail Sales YoY using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for – United States Retail Sales YoY – was last predicted on Saturday, November 14, 2015. — INSIGHTS ABOUT GLOBAL POPULATION CRISIS