On behalf of the Ohio Council of Retail Merchants, Center researchers analyzed Ohio retail spending to deliver a new holiday sales forecast for the state. The Center’s analysis shows holiday spending in Ohio is expected to grow 3.1% this year, reaching $32 billion.
Among the other highlights:
- Online shopping continues to be a growing component of retail sales, although growth has stabilized since the COVID-19 pandemic. Growth in non-store retail sales, which includes online and mobile shopping, has exceeded overall retail sales growth in Ohio since 2013.
- The Cleveland, Columbus, and Cincinnati metropolitan areas are anticipated to account for the majority of Ohio holiday spending, making up over 55 percent of the total.
You can read more of the forecast on the OCRM website: OCRM Website
The Ohio retail forecast got considerable media coverage. Here are some of those stories:
