NRF Forecasts Retail Growth, Analyzes Gen Z Spending

At its annual State of Retail & the Consumer virtual event in mid-March, the National Retail Federation highlighted Gen Z spending patterns and forecasted 4.4% retail sales growth in 2026 to $5.6 trillion. NRF and YPulse said Gen Z favors low‑ticket "treat" purchases, community-driven aesthetics, and expects transparency around AI; NRF also projects inflation above the Fed target and unemployment remaining below 4.5%.
Scoring Rationale
Industry-wide NRF forecast and Gen Z consumer insights provide strategic value, but offer limited novel research.
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