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...
Shoppers are still willing to spend and inflation is slipping toward the point of comfort for the United States Federal Reserve, but the labor market remains tight and some uncertainty continues to hang over the U.S. economy, according to National Retail Federation...
Economic growth in the United States slowed in the first quarter of 2024, but consumers are still spending more than they did last year, according to National Retail Federation Chief Economist Jack Kleinhenz. In NRF’s Monthly Economic Review, Kleinhenz noted gross...
March retail sales, as reported by the United States Census Bureau, increased as tax refunds and job growth put more money in shoppers’ pockets, National Retail Federation chief economist Jack Kleinhenz concluded. “March’s Census Bureau numbers confirm that consumer...
