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 advanced during a July that saw lots of early back-to-school spending and major promotions from Amazon, Walmart, Target and other retailers. According to the CNBC/NRF Retail Monitor, shoppers purchasing for return to classes, to take advantage of...
The Conference Board reported its Consumer Confidence Index rose in July to 100.3, just above the positive/negative borderline after registering a downwardly revised 97.8 in June. The Present Situation Index, based on consumers’ assessment of current business...
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...
The Conference Board Consumer Confidence Index gained in November to 102, up from a downwardly revised 99.1 in October, above the 100 breakeven between a negative or positive sentiment about the economy. The Present Situation Index, based on consumers’ assessment of...
