Despite a slowing economy, retail sales rose in August as parents shopped for school supplies and other goods even as inflation continued and interest rates remained high, according to the National Retail Federation. In citing figures from the United States Census...
After making gains earlier in the summer, consumer confidence retreated in August, according to The Conference Board, as grocery and fuel prices worried consumers. In its monthly Consumer Confidence Index announcement, the organization noted that the August rating...
Consumer spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation chief economist Jack Kleinhenz noted in the August NRF Monthly Economic Review. He pointed out that gross domestic...
The Conference Board Consumer Confidence Index gained in September for the second straight month. The Index now stands at 108, eight points into positive territory and up from 103.6 in August. The Present Situation Index, based on consumer assessment of current...
Economic activity in the manufacturing sector grew in August, with the overall economy in the United States achieving a 27th consecutive month of growth, according to the nation’s supply executives polled in the latest Manufacturing Institute for Supply...