Retail sales remained strong with another year-over-year gain in September despite an interest rate hike from the Federal Reserve and ongoing inflation, the National Retail Federation stated, with core sales better versus August. The United States Census Bureau...
Consumers continued to spend in August despite inflation as more jobs and higher wages helped ease the pressures associated with rising prices, according to the National Retail Federation. The United States Census Bureau has announced that overall retail sales in...
Core retail sales, as calculated by the National Retail Federation, rose in July as consumers kept shopping, NRF reported. NRF’s calculation of retail sales is based on U.S. Census Bureau figures, but it excludes automobile dealers, gasoline stations and...
In the face of ongoing elevated inflation, 38% of back-to-school shoppers are cutting back on other kinds of spending as they get ready for the return to the classroom, according to an annual survey released today by the National Retail Federation and Prosper Insights...
According to Adobe, online inflation ticked down in June to 0.3% on an annual basis and dropped 1% month-over-month even as grocery prices continue to increase. Consumers spent $74.1 billion online in June, up 1% year over year, Adobe reported. Consumers spent more...