As we enter the holiday season, concerns over inflation and product shortages continue to dampen consumer sentiment, which remains near a two-year low. Retail sales continue to increase year over year and compared to 2019, but critical issues hang in the balance regarding the cost of finding and retaining employees. The next nine weeks are not for the faint of heart, as retail operators look to satisfy consumers who are starting their holiday shopping early and looking for key on-trend products that could be in short supply.

Download theĀ October retail and consumer summary.

Download previous summaries from 2021: