EFTA Document EFTA01388638

6.2 Outlook and Strategy Our outlook for the retail sector remains optimistic as current conditions for consumers are supportive of future growth in spending. Low gas prices, rising home values, low interest rates, improving labor market conditions, and rising incomes should provide for moderate growth of retail sales. Retai€ sales in June marked a solid rebound after a slow first quarter. pointing towards stronger growth in the second half of the year.40 While consumer spending has gathere