Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed after January as inflation drove up prices and lingering effects of COVID-19 omicron hit the supply chain, according to the National Retail Federation. United States Census...
In its annual forecast on prospects through year’s end, the National Retail Federation stated that it expects retail sales to grow between 6% and 8% to more than $4.86 trillion in 2022. NRF made the announcement during its annual State of Retail & the Consumer...
Despite pressure from the COVID-19 Omicron variant, inflation and even weather on the shopping public, retail sales had a solid January, according to the National Retail Federation. Based on numbers released by the United States Census Bureau, NRF retail sales...
The United States appears to be at the midpoint of an economic cycle that should continue to see growth even as the Federal Reserve raises interest rates to control inflation, according to National Retail Federation chief economist Jack Kleinhenz. Just as it released...
In the 2021 November/December, holiday season retail sales grew 14.1% from those in 2020 to $886.7 billion, the National Retail Federation announced, beating its own forecast and setting a new record despite challenges from inflation, supply chain disruptions and the...
