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...
Despite some expectations among market observers of a greater slowdown as anti-inflation measures taken by the United States Federal Reserve have taken hold, data released today by the U.S. Census Bureau demonstrates retail sales continued to grow in August, fueled by...
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...
