XRT ETF: Americans Keep Spending, $1 Trillion Holiday Season Incoming

Group 1 - The National Retail Federation anticipates that U.S. holiday sales will exceed $1 trillion for the first time, with an expected increase of 3.7% to 4.2% compared to the previous year [1] - Despite a sluggish consumer environment, household spending remains a key driver of U.S. GDP growth [1] Group 2 - The article emphasizes the importance of household spending over the performance of major tech companies, referred to as the "Magnificent Seven" [1] - The projected growth in holiday sales indicates resilience in consumer spending, which is crucial for economic stability [1]