On PR Newswire: New Reports on Holiday Shopping, Personal Debt, & the Best Places to Live
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
Holiday retail sales are likely to increase between 4.5% and 5% in 2019, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail and distribution practice projects that holiday sales will exceed $1.1 trillion during the November-January time frame. Deloitte also forecasts that e-commerce sales will grow by 14-18%, year-over-year, during the 2019–2020 holiday season, compared to sales increasing by 11.2% in 2018.
U.S. adults aged 18-plus report having an average of $29,800 in personal debt, exclusive of mortgages, according to the latest findings from Northwestern Mutual’s 2019 Planning & Progress Study. The research also revealed that 15% of Americans believe they’ll be in debt for the rest of their lives. While those numbers are staggering, they represent an improvement over last year when U.S. adults reported an average of $38,000 in personal debt. Still, the debt problem in America continues to run deep with wide-spread implications.
On Sept. 16, Meredith Corp.’s MONEY.com announced its annual Best Places to Live list with Clarksville, Tenn. ranked No. 1, followed by Round Rock, Texas; and Fishers, Ind., respectively. The list, first published more than 30 years ago, takes into account each city’s economic health; cost of living; diversity; public education; income; crime; ease of living and amenities; among other data points.
Extell Development Co. announced on Sept. 17 that Central Park Tower has topped out, which at 1,550 feet, will be the tallest residential building in the world. Located on West 57th Street, along the corridor known as “Billionaire’s Row,” Central Park Tower is the definitive New York skyscraper, offering endless views, exquisite architecture, gracious layouts, and an unprecedented level of service.
2020 Honda CR-V: America’s Most Popular CUV Gets New U.S.-Built Hybrid-Electric Version, Standard Honda Sensing and Freshened Styling
America’s best-selling crossover of the past two decades gets a major boost with the introduction of the 2020 Honda CR-V, sporting freshened styling, new features and upgraded powertrains — including a new CR-V Hybrid to be built in the company’s Greensburg, Ind., plant. The 2020 CR-V Hybrid is the first electrified SUV from the Honda brand in America, joining the Accord Hybrid and Insight as the third electrified Honda manufactured in the U.S. as the company moves to apply its advanced two-motor hybrid-electric system to all of its core U.S. models in the years ahead.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.