by Mike Duff | Apr 3, 2024 | Retail Articles
Despite expectations for slower growth of gross domestic product and retail sales, the economy should continue to advance through the remainder of this year, National Retail Federation Chief Economist Jack Kleinhenz said as part of the April NRF Monthly Economic...
by Mike Duff | Mar 21, 2024 | Retail Articles
The National Retail Federation has forecast that retail sales will advance between 2.5% and 3.5% in 2024 to between $5.23 trillion and $5.28 trillion. In 2023, retail sales grew 3.6% to $5.1 trillion, NRF noted, consistent with the 3.6% average annual growth in sales...
by Mike Duff | Mar 4, 2024 | Featured News, Retail Articles
National Retail Federation chief economist Jack Kleinhenz said the pace of inflation and how the United States Federal Reserve responds to it will play a major role in the economy this year as markets watch for when the United States Federal Reserve might make...
by Mike Duff | Feb 16, 2024 | Retail Articles
Retail data released by the United States Census Bureau is in line with the assessment recently released by CNBC and the National Retail Federation indicating that while sector sales cooled in January versus December, households outspent year-earlier totals. The...
by Mike Duff | Jan 12, 2024 | Featured News, Retail Articles
Consumer spending might not sustain the economic growth seen recently in the United States, according to an analysis by the National Retail Federation. NRF Chief Economist Jack Kleinhenz, commenting as part of the organization’s Monthly Economic Review, said...
