by Mike Duff | Aug 9, 2022 | Retail Articles
Although it wasn’t the best month for retail, economic activity in the services sector grew in July for the 26th month in a row, with the Institute for Supply Management Purchasing Managers Index registering 56.7%. Indeed, the July number pushed away from the 50% line...
by Mike Duff | Aug 3, 2022 | Retail Articles
According to the Institute for Supply Chain Management, economic activity in the manufacturing sector grew in July, with the overall economy achieving a 26th consecutive month of growth. In the Manufacturing ISM Report On Business, Timothy Fiore, chair of the ISM’s...
by Mike Duff | Jun 9, 2022 | Retail Articles
According to the Institute for Supply Management, economic activity in the services sector grew in May for the 24th month in a row with the Services Purchasing Managers’ Index registered 55.9%, above the 50% gain/decline line. Retail, however, didn’t fare...
by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles
According to National Retail Federation chief economist Jack Kleinhenz, the United States Federal Reserve faces “a tricky job” in addressing inflation, but ongoing growth in employment, wages and consumer spending make it unlikely the effort will generate a major...
by Mike Duff | May 5, 2022 | Featured News, Retail Articles
National Retail Federation Chief Economist Jack Kleinhenz said in the organization’s Monthly Economic Review the economy’s fast-paced growth could slow somewhat as the United States Federal Reserve boosts interest rates incrementally during the coming months to slow...
