Consumer spending might not sustain the economic growth seen recently in the United States, according to an analysis by the National Retail Federation. NRF Chief Economist Jack Kleinhenz, commenting as part of the organization’s Monthly Economic Review, said...
The economy in the United States has continued growing despite labor disputes across the country, uncertainty about funding government operations created by Congress and the ongoing challenges of inflation and high interest rates, National Retail Federation Chief...
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...
As part of the organization’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz stated that the United States economy did better in the first half of 2023 than early indicators suggested and appears to be “rolling forward” even as the...
National Retail Federation Chief Economist Jack Kleinhenz stated as part of NRF’s Monthly Economic Review that typical indicators are providing conflicting signs, but he added the nation does not appear to be in a recession and should be headed toward a soft landing...