National Retail Federation (NRF)

The economy “has come a long way” compared to one year ago. 

The pandemic remains the largest uncertainty and the biggest risk the economy faces in 2021.

Record holiday season retail sales during the last two months of 2020 reflected the recovering economy but also got a boost from consumer emotions after a stressful year.

When Lowe’s CEO Marvin Ellison looks back on the past year, the corporate accomplishment he is most proud of is the way the Mooresville, N.C.-based company supported communities and employees during a difficult 2020.

Economic challenges brought on by the pandemic will continue in 2021, but the new stimulus legislation will help accelerate the nation’s ongoing recovery.

Consumer spending has recovered from the coronavirus pandemic more quickly than expected, but the outlook for holiday sales is still marked by uncertainty.

COVID-19 continues to be a “shock” for small businesses.