The Alabama Retail Association says the outlook on local spending is looking bright just like those Christmas lights.
“So we’re still going to spend more than we spent last year but the growth rate will have slowed considerably and getting more back to what we would consider in the normal range for an average year,” said Nancy Dennis with the Alabama Retail Association.
Even with concerns about a possible recession and the cost of everything going up with inflation, Dennis says people are still spending money. “In good times and bad, people do their holiday shopping. They started shopping earlier. They’ve spread their budget out over a greater period of time,” said Dennis.“You’re going to get a better quality of experience with a local retailer. If they don’t have what you need, nine times out of 10 they’ll do their best to try to get it for you,” said Dennis.
“We love when our local customers come in and shop with us,” said Little. “I’m very excited. I’m hoping that 2022′s Christmas is going to be the best yet.” The Alabama Retail Association’s holiday growth prediction is for all taxed sales, including those from remote sellers.Copyright 2022 WSFA. All rights reserved.
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