The National Retail Federation said today that retail sales continued to push forward in September even as consumers faced continuing economic pressures. According to the United States Census Bureau, overall retail sales in September gained 0.7% from August and 3.8%...
In the National Retail Federation’s Monthly Economic Review, NRF chief economist Jack Kleinhenz stated that the economy is still growing but not as fast as it was earlier this year with some consumers demonstrating a continuing preference but not as strongly as they...
Consumer spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation chief economist Jack Kleinhenz noted in the August NRF Monthly Economic Review. He pointed out that gross domestic...
Retail sales rose in June even as employment grew more slowly, according to the National Retail Federation. Based on United States Census Bureau figures, NRF stated that overall retail sales in June gained 0.2% from May and 1.5% year over year. May sales advanced 0.5%...
As part of the organization’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz stated that the United States economy did better in the first half of 2023 than early indicators suggested and appears to be “rolling forward” even as the...
