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Holiday Sales

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Total holiday retail sales are expected to increase this year but at a slower pace than 2005. The figure is expected to hit $457.4 billion a 5% increase over last year. The National Retail Federation says holiday sales in 2005 rose 6.1%. Over the last ten years, the average percentage increase in sales for the holiday season is 4.6%. One-fifth of retail industry sales occur during the holiday season. Total retail sales for 2005 was $2.2 trillion. Holiday sales account for more than 32% of jewelry store annual sales and 24% of department store annual sales. If gas prices continue to fall holiday sales this year could pick up. The NRF represents more than 1.4 million U.S. retail establishments.

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|_2. HOLIDAY RETAIL SALES |
|_. 2000: | $352.2 billion |
|_. 2001: | $364.1 billion |
|_. 2002: | $368.8 billion |
|_. 2003: | $387.2 billion |
|_. 2004: | $410.5 billion |
|_. 2005: | $435.6 billion |
|_. 2006: | $457.4 billion |
|_2. Source: National Retail Federation |

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