by Mike Duff | Dec 6, 2024 | Featured News, Retail Articles
Key economic trends continue to support the view that the 2024 holiday selling season will be solid, according to National Retail Federation Chief Economist Jack Kleinhenz. A near-record 197 million consumers shopped during the key sales period from Thanksgiving...
by Mike Duff | Nov 18, 2024 | Retail Articles
The Census Bureau data, according to National Retail Federation chief economist Jack Kleinhenz, demonstrates retail sales grew solidly the past two months based on the capacity for U.S. households to spend and the strength of the economy. October core retail sales —...
by Mike Duff | Nov 8, 2024 | Retail Articles
As the United States Federal Reserve dropped the prime interest rate by another quarter point, the National Retail Federation maintained economic progress, despite some mixed indicators, should continue to support holiday retail sales growth. On October 15, NRF...
by Mike Duff | Oct 17, 2024 | Retail Articles
United States Census Bureau figures show retail sales increasing again in September as employment grew and inflation and interest rates fell. The Census Bureau overall retail sales in September were up 0.4% seasonally adjusted month over month and 1.7% unadjusted year...
by Mike Duff | Oct 15, 2024 | Featured News, Retail Articles
The National Retail Federation has forecast consumer spending in the main holiday shopping season November 1 through December 31 will grow between 2.5% and 3.5% compared to the 2023 period. The forecast calls for $979.5 billion to $989 billion in total holiday sales...