Shoppers are still willing to spend and inflation is slipping toward the point of comfort for the United States Federal Reserve, but the labor market remains tight and some uncertainty continues to hang over the U.S. economy, according to National Retail Federation...
The Federal Reserve Bank of New York just released new data on household debt, and WalletHub’s inflation-adjusted analysis revealed that while U.S. households owe a record amount, $17.7 trillion, in absolute terms as of the first quarter of 2024, total debt actually...
Despite expectations for slower growth of gross domestic product and retail sales, the economy should continue to advance through the remainder of this year, National Retail Federation Chief Economist Jack Kleinhenz said as part of the April NRF Monthly Economic...
The labor market and what the Federal Reserve does with interest rates could have a major effect on the 2024 economic prospects for the United States, according to National Retail Federation chief economist Jack Kleinhenz. As part of NRF’s Monthly Economic Review,...
Temu has announced the results of a survey regarding U.S. consumer online shopping preferences and when it comes to purchasing determinations, price is primary. Consumers remain wary about spending despite recent positive economic indicators, including a solid...