The economy is slowing but growing, inflation has moderated and the Federal Reserve has suggested it’s about to lower interest rates, which suggests that the United States has dodged a recession, according to National Retail Federation chief economist Jack Kleinhenz...
Retail sales data released today by the United States Census Bureau indicated retail sales in July gained 1% seasonally adjusted month over month from June and 2.7% unadjusted year over year. In June, retail sales declined 0.2% month over month from May and but rose...
Even as key elements continue gaining in the United States, the economy appears to have slowed enough for the U.S. Federal Reserve to lower interest rates later this year. According to National Retail Federation chief economist Jack Kleinhenz, in the August NRF...
Data released by the United States Census Bureau revealed modest retail sales gains in June as consumer households remained pressured by economic uncertainty, National Retail Federation Chief Economist Jack Kleinhenz said. The Census Bureau reported overall retail...
With inflation easing and the United States Federal Reserve pondering when to lower interest rates, the nation is in a “critical moment,” waiting to see what will happen next, National Retail Federation Chief Economist Jack Kleinhenz said as part of the NRF Monthly...
