National Retail Federation – Forecasts 3.4% Growth for 2012
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America’s largest retail trade organization forecasts a healthy 3.4% growth for 2012. That’s below the 4.7% of 2011, but the rate of growth for 2012 is sustainable at least until the next bust and there will be one in seven or eight years. Nothing is going to make the boom bust cycles go away.
The average rate of growth over ten years has been 3.1% and sales are expected to reach $2.53 Billion in 2012. Still though, the rate of growth is well under what rate is typical in a recovery of 5.5%. It’s heading in the right direction and should provide stability to net lease, triple net and absolute net, single tenant, retail buyers and owners.
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