NRF forecasts core sales will hit up to $5.48 trillion.
Retail expenditures moderate while shopper sentiment plunges.
Americans continued shopping across the board, government stats show.
The Census Bureau said overall retail sales in November were up 0.3% from October and up 4.1% year over year.
“This was a positive report with no sign of an abruptly slowing economy despite what has happened with inflation and interest rate pressures.”
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