President-elect Donald Trump’s administration is likely to have a big impact on a number of sectors of the economy. Retail may be an unexpected benefactor.
As reality has set in with President-elect Donald Trump’s impending new world order, many Americans are beginning to realize that much of what was said on the campaign trail was rhetoric and that the economy isn’t going to experience significant upheaval. However, there is likely to be some impact on certain sectors of the economy, with retail chief among them. Whether it’s the uncertainty of the election being resolved or optimism about the economy continuing to add jobs, consumers are spending. With the holiday season upon us, a more confident consumer should be welcome news for retailers.
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THE STREET 12/5/2016